Jagan Takes First Step of Navaratnalu

YSR Rythu Bharosa – The Major Scheme of Jagan’s Navaratnalu is being rolled out today and its success or failure will have Political Implications. One of the major complaints of YSR Congress during Chandrababu Naidu’s Regime is the Farmer Loan Waiver in Five Installments. The party back then used to demand the 1.5 Lakh to be given in a single installment so that the farmers will not lose on interest.

But then once in Power, Jagan Reddy seems to be feeling the Pinch of adhering to the Promises. The 13500 Rupees of YSR Rythu Bharosa is coming up with several riders. Jagan offloaded 6000 Rupees burden on to the Central Government and the remaining 7500 Rupees is also not being paid in a Single Installment.

The Government is going to pay the money in Three Installments. TDP Leaders are taking potshots against the Ruling Party on this dual stand. They are questioning if 1.5 Lakh Rupees are to be given in a Single Installment, how hard it is to give 7500 Rupees at one go per year.

Meanwhile, Andhra Pradesh Chief Minister YS Jagan Mohan Reddy is launching the Scheme today in Nellore. The Chief Minister has invited Prime Minister Narendra Modi to launch the scheme but the latter did not oblige. This is despite the fact the Chief Minister personally went to Delhi and invited the Prime Minister.