Tough Financial Challenge For Jagan on 'Navaratna Welfare Scheme' Promise
- 5 years ago
`Jagan Navarathna Rahasya`: After winning a mammoth mandate in the just-concluded Assembly elections in Andhra Pradesh, YS Jagan Mohan Reddy faces a daunting task, as he takes over as the second Chief Minister of the State (post-bifurcation) on May 30.
With empty coffers staring at him, Reddy will have to mobilise ₹30,000-40,000 crore to honour the ‘Navaratna’ (nine gems) promises he made in his election manifesto.
Though the exact burden is yet uncertain, the promises would weigh heavily on the State’s exchequer. The ninth promise in particular — prohibition of liquor — would deprive the State of its largest source of income.
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With empty coffers staring at him, Reddy will have to mobilise ₹30,000-40,000 crore to honour the ‘Navaratna’ (nine gems) promises he made in his election manifesto.
Though the exact burden is yet uncertain, the promises would weigh heavily on the State’s exchequer. The ninth promise in particular — prohibition of liquor — would deprive the State of its largest source of income.
► Download TV9 Kannada Android App: https://goo.gl/OM6nPA
► Subscribe to Tv9 Kannada: https://youtube.com/tv9kannada
► Like us on Facebook:https://www.facebook.com/tv9kannada
► Follow us on Twitter: https://twitter.com/tv9kannada
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#JaganMohanReddy #NavaratnaluScheme #NavaratnaPromise