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July 1st – First Big Challenge For Chandrababu

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Everyone’s attention is now on July 1st. Previously, on June 4th, there was a lot of excitement about the election results. People across the country were eagerly awaiting the results, and in Andhra Pradesh (AP), the anticipation was even higher. The results have now been announced, and the people have given a clear verdict.

Now, everyone is looking forward to July 1st because of a key promise made by Chandrababu Naidu. He promised to increase pensions starting July 1st if he came to power. This promise was a major part of his campaign and is believed to have significantly influenced the recent voting results.

Chandrababu promised that from April 1st, the increased pension would be distributed, with Rs. 3000 given for April, May, June, and Rs. 4000 in July, totaling Rs. 7000 to each beneficiary. This promise has raised the hopes of many elderly people and single women, who see this as a crucial support.

There are about 40 lakh people in the pension system who are expecting this payment on July 1st. However, there is concern about whether there are enough funds to fulfill this promise.

The previous government, led by Jagan, had already used up the borrowing limits until the end of the second quarter of the financial year (September).

Therefore, it is unclear if there will be enough money in the treasury to distribute the pensions. Everyone is eager to see how Chandrababu will manage to fulfill this important promise. Let’s wait and see what happens!

This post was last modified on 10 June 2024 7:15 am

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