All eyes are on July 1st now. Earlier, on June 4th, there was a lot of excitement about the election results. People across the country were eagerly waiting for the results, especially in Andhra Pradesh (AP). The results have been announced, and the people have given a clear verdict.
Now, everyone is eagerly waiting for July 1st because of a key promise made by Chandrababu Naidu. He promised to increase pensions starting July 1st if he won the election. This promise was a big part of his campaign and is believed to have influenced the recent voting results significantly.
Chandrababu promised that from April 1st, the increased pension would be given out. Rs. 3000 would be given for April, May, June, and Rs. 4000 in July, totaling Rs. 7000 to each beneficiary. This promise has given hope to many elderly people and single women who see this as crucial support.
There are about 40 lakh people in the pension system who are expecting this payment on July 1st. However, there’s 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).
So, it’s uncertain 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!