Andhra Pradesh's Rs 33,000 Crore Annual Social Security Pension Outlay

Andhra Pradesh Chief Minister N. Chandrababu Naidu announced the state is spending Rs 33,000 crore annually on social security pensions, benefiting 62.47 lakh people monthly. He emphasized this is a responsibility, not a burden, while distributing pensions under the NTR Bharosa scheme. Naidu also promised no electricity tariff hikes and vowed to assess MLA performance publicly. He reiterated the coalition government's commitment to rebuild the state alongside Deputy CM Pawan Kalyan and PM Narendra Modi.

Key Points: AP Govt Spends Rs 33,000 Cr/yr on Social Pensions

  • Andhra Pradesh spends Rs 33,000 crore annually on social security pensions
  • 62.47 lakh beneficiaries receive monthly pensions
  • Over Rs 63,000 crore spent on pensions in 22 months
  • CM Chandrababu Naidu participates in 'Pedala Sevalo' programme
  • Government promises no electricity tariff hikes
2 min read

Andhra Pradesh spending Rs 33,000 crore annually on social security pensions

Andhra Pradesh Chief Minister N. Chandrababu Naidu announces Rs 33,000 crore annual spend on social security pensions, benefiting 62.47 lakh people.

"I do not view this as a burden; rather, I regard it as a responsibility. - N. Chandrababu Naidu"

Amaravati, May 1

Andhra Pradesh Chief Minister N. Chandrababu Naidu said on Friday that the state government is spending Rs 33,000 crore every year on social security pensions and this is unparalleled in the country.

The state government is providing pensions to 62.47 lakh beneficiaries every month. It has spent more than Rs 63,000 crore on pensions during the last 22 months.

"We ensure that Rs 2,700 crore is kept ready every single month. I do not view this as a burden; rather, I regard it as a responsibility. This programme provides much-needed relief and support to the poor," the Chief Minister said while addressing a public meeting after distributing pensions among some beneficiaries under NTR Bharosa pension scheme in Krishna district.

Chief Minister Chandrababu Naidu participated in 'Pedala Sevalo' (service to the poor) programme in Pamidimukkala in Pamarru constituency of Krishna district.

Stating that he along with Deputy Chief Minister Pawan Kalyan and Prime Minister Narendra Modi had a promise to rebuild Andhra Pradesh, Chief Minister Chandrababu Naidu claimed that they have been working tirelessly for the past 22 months to fulfil this promise.

"Ever since the Telugu Desam Party-led coalition government assumed office, it has been working to rebuild shattered systems and restore the glory of Andhra Pradesh," the Chief Minister said.

Chief Minister Chandrababu Naidu reiterated that the state government are reducing electricity tariffs as promised during the previous state Assembly elections and made it clear that they would not increase power rates.

He noted that previous administrations had burdened the people with electricity tariff hikes on nine separate occasions.

He affirmed that the people-centric government is functioning with great transparency, delivering good governance powered primarily by the cooperation extended by the public.

The Chief Minister announced that, henceforth, at every public meeting, he would seek feedback from the people regarding the performance of their respective MLAs.

He said he would personally assess the performance of MLAs in the presence of people.

"I stand on the side of the people, not on the side of the MLAs. My commitment lies solely with the people," Chief Minister Chandrababu Naidu remarked.

He emphasised that, as the team leader, the state government as a whole would earn a good reputation only if the elected representatives and officials worked together.

- IANS

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Reader Comments

P
Priya S
Finally a CM who actually cares about the poor! Naidu garu has always been pro-people. The way he personally distributed pensions to beneficiaries shows his commitment. 👌 This is what real governance looks like.
J
James A
Spending Rs 33,000 crore on pensions is impressive, but let's not ignore the debt burden. Andhra Pradesh has one of the highest debt-to-GDP ratios in India. Where is the money coming from? Borrowing more from markets? This is not sustainable long-term.
R
Rajesh Q
As an APite living in Hyderabad, I'm happy to see our state focusing on welfare. But Naidu garu, you also promised Amaravati development. When will that happen? People are still waiting for their capital! 🤔
S
Siddharth J
Reducing electricity tariffs while spending ₹33,000 crore on pensions? That's a tightrope walk! The previous government hiked tariffs 9 times and ruined the state. At least now there's transparency. Let's see how the finances actually pan out.🤞
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Michael C
62.47 lakh beneficiaries is massive! But is there proper verification? In many states, fake beneficiaries siphon off funds meant for the real needy. I hope AP has a robust mechanism to prevent leakages.
K
Kavya N

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