Company offers reward of Rs. 62 lakh for one child and Rs. 1.86 cr for three children, know how to get it

While some countries striving to decrease population,  some are encouraging families to grow. A company in South Korea is encouraging family growth. In a bid to increase population in the country, a company offers reward of Rs. 62 lakh for one child and Rs. 1.86 crore for three children!

A construction company there offers fantastic family-friendly incentives for its workers. The company offers reward of Rs. 62 lakh for one child and Rs. 1.86 crore for three children.

A company named Booyoung group of South Korea is now making headlines because its providing an eye-popping amount of Rs. 62 lakh for each child born Further the company promises to pay Rs. 1.86 crores for giving birth to three children.  And surprisingly its not a one time offer, the company giving perks every time on birth of every child.

The underlaying purpose of this policy is to reverse the declining population of South Korea. This news got featured prominently in February 2024. After that the news became the new hot topic of gossip.

As per report, every employee working in Booyoung group of company will receive mind blowing rewards for giving birth to a new generation. Any worker of Booyoung company will get 100 million Korean won ( nearly 62.34 lakh Indian rupees) for bearing a child. Company allotted a budget of 43.6 core rupees for this Baby-Blooming policy.  The company has already provided financial gifts to over 70 children till 2021. This is a gender neutral scheme. Both male and female workers can get benefited from it.

Lee Joong-keun, Chairman of the Company that offers reward for children stated that this policy has established for providing financial support to parents for a child’s proper nourishment and motivating them to welcome more lives into this world which will be constructive for the demographic future of our country.

Read more: World Population Day: Focus on needs of women, youth & marginalised, say experts
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