South Korea plans discount on power bill for couples with 3 or more kids

South Korea needs more kids now to remain a powerful country in the coming future. The government has opted a unique idea to inspire couples to have more kids in the family.

Now, the couple, who have three or more kids, will get cheaper electricity bills. They would get discounts on their electricity bills. From next week possibly, the government will apply reduced rates for families with three or more children.

Jang Seok-gu, an energy ministry official, said that People worry about paying higher electricity bills, as their family gets bigger.

So, to free them of those worries and have more babies, we are giving discounts on their electricity bills.

Now, according to the ministry’s source, a family of five would get their monthly electricity bill less than 40,000 won ($42.63).

Currently, South Korea has showed the lowest birth rate among the developed countries as an average of 1.08 children per woman.

Further, the government data says that the country’s population will go high in 2018 at 49.3 million.

Then the country would experience a fall in population. It would put a strain on social welfare systems as the country ages.

So, the policy makers in the country are giving inspiration to the couples to have more kids to counter the problem the country expects to face in future