Government Funding Up to a Million Rubles for Russian Businesses: Encouraging Birth Rates
In a significant move aimed at supporting families and potentially increasing the birth rate in Russia, Konstantin Abramov, chairman of the Supervisory Board of the "Indifferent Person" platform, announced a new policy during the Eastern Economic Forum 2025.
According to Abramov, Russian companies will have the opportunity to pay up to one million rubles, tax-free, to their female employees upon the birth of a child, starting from 2026. This measure is intended to benefit both businesses and workers, as supporting employees who go on parental leave is believed to increase employee loyalty and facilitate their return to work.
The report by "Live Kuban" indicates that the mortality rate in Kuban, a region in Russia, is higher than the fertility rate by 1.5 times. This imbalance between mortality and fertility in Kuban has been a matter of concern, with "Live Kuban" consistently reporting on the issue.
Konstantin Abramov, who is also a member of the Public Council under the Ministry of Labor of Russia, stated that businesses are actively seeking new ways to stimulate fertility. The announced measure is a step towards addressing this issue, with the potential to encourage more families to have children.
However, the exact details of how this support will be implemented remain to be seen. The announcement did not specify whether the tax-free payment would be a one-time payment or a series of instalments, or whether it would apply to all Russian companies or only those in certain industries.
The imbalance between mortality and fertility in Kuban is a complex issue that requires a multi-faceted approach. While the new policy is a positive step towards addressing the issue, it is important to continue monitoring the situation and exploring other solutions to ensure the long-term health and well-being of the population.
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