Mon. Jul 15th, 2024

Chandrababu Naidu: July 1st Chandrababu’s First Major Challenge

Chandrababu Naidu July 1st Chandrababu's First Major ChallengeChandrababu Naidu

Chandrababu Naidu: Right now, everyone is focused on July 1. There used to be a lot of enthusiasm around the election results on June 4th. People in Andhra Pradesh (AP) were anticipating the results with even more fervor than the rest of the country. The public has finally expressed their distinct opinion following the announcement of the results.

These days, everyone is anticipating July 1st because of a significant pledge made by Chandrababu Naidu. If elected, he pledged to raise pensions beginning on July 1. His campaign revolved heavily around this pledge, which is seen to have had a big impact on the most recent election outcomes.

Chandrababu pledged that the enhanced pension would be disbursed from April 1st onwards, with each beneficiary receiving Rs. 7000 in total—Rs. 3000 in April, Rs. 4000 in May, and Rs. 5000 in June. Many single women and senior citizens have become more hopeful as a result of this commitment, which they view as essential support.

On July 1st, almost 40 lakh beneficiaries under the pension system will get this payout. It’s unclear, though, if there will be enough money to keep this pledge.

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Up before the conclusion of the second quarter of the fiscal year (September), the previous administration, headed by Jagan, had already exhausted the borrowing restrictions.

Consequently, it is uncertain if the treasury will have adequate funds to pay out the pensions. Everyone is watching with bated breath to see how Chandrababu would carry on this significant pledge. Let’s watch and see what transpires!

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