<Anchor>
This is a time to introduce information that is useful in real life if you know it. Let's start with a friendly economy. Today (15th), I will be with reporter Kim Hye-min. Yesterday, the government announced that it was a Korean version of the New Deal. It's a little difficult to say, but there's a lot of good information here to know.
<Reporter> The
government voted for the Korean version of the New Deal yesterday. The New Deal was a policy that was promoted to overcome the Great Depression in the United States. It was a landmark event in which the government actively intervened in the market and modified the liberal economy.
It has been a year since the Korean government announced that it would promote the Korean version of the New Deal. In fact, I'm more curious about what benefits this will bring to the people than these difficult concepts or abstract policies.
There were some parts of the government announcement that would be quite helpful to know. They are young people, that is, people between the ages of 19 and 34. They say that they are implementing a policy that divides the young people by income and gives them a subsidy.
<Anchor>
It seems that you are going to support young people who are relatively difficult right now, so please explain in a bit more detail.
<Reporter>
First, the income level of young people is divided into three categories. There is a policy called 'Youth Tomorrow Savings Account' that can be received by young people with an annual income of less than 22 million won. If you save 100,000 won a month for 3 years, the government will pay 100,000 won to 300,000 won depending on the income of the applicant. I'll put more on it.
It expires in 3 years. You can save up to 1.2 million won per year. To put it simply, if you meet the limit and save 1.2 million won, you can receive 7.2 million won to 14.4 million won including this in 3 years.
Even now, there is a system in which the government saves 300,000 won if they save 100,000 won a month for young people in the lower classes, but they are saying that they will expand this further.
Young people whose annual salary is higher than this, that is, less than 36 million won, can join the 'Youth Hope Savings Savings'.
The government pays a certain percentage of the savings of young people as 'Saving Incentives'. In the first year, 2% points of the savings, and in the second year, 4% points are given as incentives.
There is a maximum of 6 million won per year, which is due for two years. If you save up to 6 million won per year for 2 years, you can receive up to 360,000 won in incentives.
If your salary is less than 50 million won, you can join the 'Youth-Type Income Deduction Long-Term Fund', where you can receive income deduction benefits.
The limit for this is $600,000 per year. The maximum maturity is 5 years. It is said that 40% of the paid amount will be returned as a tax deduction benefit.
<Anchor> It
is very important for young people to make seed money. The government will help a little bit in making seed money. I think this is the will. Is there anything other than this one?
<Reporter>
There is also a benefit to support young people who are serving in the military, which is called 'Soldier Savings Savings for Tomorrow'.
In fact, there was a product with the same name in the past. The government gave an additional 1% point to the 5% bank interest rate, but this time, this benefit is added.
The government provides additional subsidy by matching the amount of savings of a soldier with a limit of 400,000 won per month in a 3:1 ratio. If you serve in the army for 18 months, the government will add 2.51 million won to the principal and 7.54 million won to save about 10 million won. It is a structure that can make a lot of money.
In addition to this system, the amount of national scholarship support for low-income college students is increased from 5.2 million won to 7 million won per year. From the third child of a multi-child household, full tuition is subsidized.
Housing stability programs will also be established or expanded. Reflecting the recent surge in house prices, we have relaxed the monthly rent and jeonse loan standards much more than now.
<Anchor> In the
end, I feel the intention to support a lot of young people who are relatively in various difficulties, but the intention is good, but there are voices criticizing whether this is too liberal a policy.
<Reporter>
Most of the things I've explained now are policies that the government gives in addition to cash. It's not a huge amount, but the interest rate is quite high compared to other investments. It's safe.
Young people often invest in risky assets such as virtual currency to make large amounts of money quickly. If you are eligible for support, it is much better to apply for this and receive it.
So far, it's an individual thing. The view of the government that has taken such measures is not so good.
Rather than broadening employment opportunities or guaranteeing fair opportunities, they are being criticized for pouring money on young people with taxes.
If you continue to give fish without telling them how to catch them, there can be a side effect of young people relying on this subsidy without the motivation to get a job.
Also, if you look closely at the policies, although I have explained them a few times before, there are many cases where the already in progress system was expanded a little more.
It is my hope that the government will come up with measures that can fundamentally solve the two problems of employment and housing for young people in fair competition.