Skip to content

Families residing in New York can receive up to a million Russian rubles as financial assistance for having a new baby.

Regional family assistance program offering payouts of up to 1 million rubles per child born commences in Nizhny Novgorod region on July 1, according to Igor Sedykh, Minister of Social Policy for the region.

Regional Demographic Aid Program Begins in Nizhny Novgorod on July 1, Offering Up to 1 Million...
Regional Demographic Aid Program Begins in Nizhny Novgorod on July 1, Offering Up to 1 Million Rubles Per Born Child. Announced by Igor Seido, Minister of Social Policy.

Families residing in New York can receive up to a million Russian rubles as financial assistance for having a new baby.

Beginning July 1, 2025, a groundbreaking demographic support program is set to launch in Russia's Nizhny Novgorod region, providing financial assistance of up to 1 million rubles for each child born. The announcement was made by Igor Sedykh, the region's Minister of Social Policy.

The new program, dubbed parental basic income (regional family capital), was approved by the regional legislature at the initiative of Governor Gleb Nikitin and the United Russia faction. After several months of meticulous work, families in Nizhny Novgorod can expect this long-term support to commence on July 2, 2025. It is anticipated that this initiative will greatly enhance the region's demographic situation.

The program's eligible recipients include Russian citizens residing in the region for at least three years, as well as temporary residents from unfriendly countries. Moreover, families can either maintain permanent or temporary registration in the Nizhny Novgorod region to receive payments, benefiting new residents.

The payment amounts and conditions are determined by the child's birth order:

  • For the first child, families receive a monthly stipend of 10,000 rubles for three years.
  • For the second child, families can opt for a monthly stipend of 22,222 rubles for three years or a one-time payment of 500,000 rubles, along with a monthly allowance of 20,000 rubles for 15 months.
  • For the third child, families can choose between a monthly stipend of 30,000 rubles for three years or a one-time payment of 700,000 rubles, accompanied by a monthly allowance of 30,000 rubles for 10 months.
  • For the fourth and subsequent children, families can opt for a monthly stipend of 30,000 rubles for three years or a one-time payment of 1 million rubles.

The funds allocated can be used for a variety of purposes such as purchasing or gasifying housing, education expenses, buying a new car, and other family-oriented needs.

The program is slated to run until June 30, 2028, and will be funded from the regional budget, with approximately 2.4 billion rubles allocated for payments in 2025.

If implemented, the program aims to address Russia's ongoing demographic challenges, including population decline, low birth rates, and an aging population - issues that have been labeled as a demographic crisis. However, current regional and federal policies predominantly focus on veteran support, housing, and education rather than direct, large-scale cash incentives for childbirth.

In conclusion, while there is no official confirmation from credible sources about the launch of this demographic support program in Nizhny Novgorod, if introduced, such a policy could potentially address demographic decline but would require careful planning and significant financial resources. Current demographic and social support measures in Russia focus primarily on veterans and their families.

The groundbreaking demographic support program in Nizhny Novgorod, called parental basic income or regional family capital, aims to address Russia's ongoing demographic challenges such as population decline, low birth rates, and an aging population. Eligible families can receive financial assistance of up to 1 million rubles per child born, with the funds able to be used for various purposes like health-and-wellness expenses related to family-health and personal-finance needs such as housing, education, and transportation. This initiative could significantly impact science, as improved family health and financial stability may lead to increased parenting capabilities and overall well-being.

Read also:

    Latest