While we, Indians, are busy reading about all the multi-million dollar scams happening in our country, the government of Singapore is planning to give up to S$300 (₹ 14,709.60) to each of its citizens thanks to the good profits it registered this financial season. 

Yes, you read that right!

Source: Musafir

The Singapore government overshot its budget, registering a profit of S$10 billion and decided to share the benefits with the people of the country, as reported by Hindustan Times.

Source: Today Online

The Finance Minister of the country, Heng Swee Keat, made this announcement during his budget speech.

This reflects the government’s long-standing commitment to share of the fruits of Singapore’s development with Singaporeans.
Source: Unscrambled

He called the bonus 'hongbao' which means monetary gift given on special occasions in Mandarin. 

Source: The Independent

People with an income of S$28,000 or below will be getting S$300, which stands around 14,000 in Indian currency. 

Whereas those falling in bracket of S$28,001 to S$100,000 will receive S$200, and those with incomes of S$100,000 will receive S$100.

Source: Today Online

Singaporeans living the achche din, while we just wait for them.