Japanese government sources revealed on September 20 that newlyweds living in cities, towns and villages that implement the wedding subsidy program can receive a subsidy of up to 600,000 yen (approximately RMB 39,000) to start a new life from April 2021. Used to pay rent and other expenses.
As the nation’s ultralow birth rate is attributed mainly to the tendency that folks marry late or stay unmarried, the govt will attempt to boost marriages by enhancing the program to supply a bigger sum and canopy more couples, said the sources at the cupboard Office.
To be eligible, both husband and wife will need to be under age 40 as of the registered date of marriage and have a combined income of but 5.4 million yen, up from age 35 and 4.8 million yen under the present conditions for aid of up to 300,000 yen.
Only 281 municipalities, or 15 percent of all cities, towns and villages in Japan, had adopted the program as of July as they need to shoulder half the expenses, but during a bid to extend the amount , the central government will bear two-thirds from fiscal 2021, the sources said.
The program is a component of state efforts to deal with the low birth rate as married couples tend to possess two children, albeit the typical number of youngsters a lady will bear in her lifetime was 1.36 last year with a record-low 865,000 babies born.
Economic incentives are seen as an effective measure to encourage people to get married, because a 2015 survey by the National Institute of Social Security and Demographic Issues showed that 29.1% of single men aged 25 to 34 and 17.8% of single women will lack marriage funds As a reason not to marry.
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