Karnataka | Guarantees to cost around ₹60,000 crore annually
1 year, 6 months ago

Karnataka | Guarantees to cost around ₹60,000 crore annually

The Hindu  

The five guarantees given by the Congress, which are to be implemented in phases starting from June 11 with the launch of Shakti scheme, are expected to cost around ₹60,000 crore annually, and the guidelines for implementing the schemes are expected to be released shortly. The cost break-up While Chief Minister Siddaramaiah refused to divulge the cost of implementing the schemes, government sources aware of the developments said the cost could be around ₹60,000 crore with Gruha Lakshmi scheme, in which a monthly incentive of ₹2,000 will be given to women kartha, alone estimated to cost ₹39,000 crore a year as women from both APL and BPL families are eligible to seek benefits. The Anna Bhagya scheme, which has doubled the quota of foodgrains from 5 kg to 10 kg per head in families holding BPL and Antyodaya cards, is estimated to cost ₹9,800 crore annually. According to sources, the Yuva Nidhi unemployment benefit scheme for fresh graduates and diploma holders is estimated to cost about ₹1,274 crore per year that has been calculated on the basis of around 4.7 lakh graduates and about 50,000 diploma holders passing in 2022-2023 academic year.

History of this topic

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