Justice Shares Scheme in Iran
Supporting low income strata of society and improving income distribution have always concerned governments, economists, and sociologists. Not only is it an economic issue, income distribution is interpreted as one of the major social and political indices. Implementing what is called as the Justice Shares Scheme stood among one of those important attempts. According to this scheme, 40% of total value of divestible companies in each market, as the subject of the second law of Principle 138 of the Iranian constitution and Article 9 of the 4th Development Plan, were decided to be allocated to the 6 low-income categories of the country. In addition, a 50% discount in shares’ prices within a 10 year repayment period, with priority being given to villagers and nomads, was approved for the two lowest brackets.