LABOUR federation COSATU has once again endorsed the extension of the R350 Social Relief of Distress (SRD) Grant beyond 2022, adding that it believes this puts the country on a solid and affordable foundation for a Basic Income Grant.
The federation reiterated it call for the extension of the SRD grant beyond 2022 following its four-day Central Executive Committee (CEC), which started on Monday and ended on Thursday.
Cosatu president Zingiswa Losi said the CEC said the SRD has provided relief to more than 10 million unemployed recipients.
The government implemented the Social Relief of Distress Grant of R350 when Covid-19 set in. But it has been extended several times since 2020.
“We feel that it is affordable at a cost of R44 billion out of a budget of R1.8 trillion. What is not affordable is to leave 10 million unemployed persons with no source of income,” said Losi.
She
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