Naidu is scheduled to be sworn in as Andhra Pradesh chief minister on June 12.
As a precursor to his journey of financial challenges, Naidu needs over ₹4,500 crore to disburse social pensions to about 6.5 million beneficiaries by July 1.
As part of his "Super Six", Naidu promised to hike the monthly pension to 4,000 from the existing ₹3,000 along with a backlog of ₹3,000 (₹1,000 for April, May, and June) from July.
All together it would cost the exchequer 4,500 crore in July, besides salaries to employees and pensioners, which is pegged at another ₹6,000 crore.
Bu hikaye Business Standard dergisinin June 11, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin June 11, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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