Andhra Pradesh spends ₹33,000 crore annually on social security pensions: Chandrababu Naidu
Synopsis
Key Takeaways
Andhra Pradesh Chief Minister N. Chandrababu Naidu on Friday, 1 May stated that the state government is spending ₹33,000 crore every year on social security pensions — a figure he described as unparalleled in the country. Speaking at a public event in Pamidimukkala, Krishna district, Naidu said the government has disbursed more than ₹63,000 crore on pensions over the last 22 months.
Scale of the NTR Bharosa Pension Scheme
The state is currently providing pensions to 62.47 lakh beneficiaries every month under the NTR Bharosa pension scheme. To sustain this outlay, the government ensures ₹2,700 crore is kept ready for disbursement each month. Naidu participated in the 'Pedala Sevalo' (service to the poor) programme in Pamarru constituency of Krishna district, where he personally distributed pensions to select beneficiaries.