Gadkari rings the bell on subsidies

Gadkari has foreseen a scenario where the state government will be unable to sustain the subsidies it has promised due to the limited state budget. He specifically pointed out the subsidies meant for investors

Union Minister for Road Transport and Highways Nitin Gadkari has rendered a service to the nation by criticising a populist measure in Maharashtra. Under the Mukhyamantri Majhi Ladki Bahin Yojana, women aged 21-65 will receive Rs 1500 per month, provided their family income does not exceed Rs 2.5 lakh annually. It is common knowledge that income certificates can often be obtained through corrupt means by greasing the palms of the authorities concerned. The scheme is expected to cost the state Rs 46,000 crore, a staggering amount. On Monday, the state also announced a subsidy of Rs 50 per month for each of the estimated 46.13 lakh indigenous cows. These expenditures will not yield any significant returns and will drain the exchequer.