TDP cash dole promise makes ''no economic sense'': PC
Hyderabad | Friday, Mar 6 2009 IST
While Union Home Minister P Chidambaram today opined the opposition Telugu Desam Party's (TDP) poll promise of transferring Rs 1,000 to Rs 2,000 per month directly into the pockets of poor did not not make any ''economic sense'', Andhra Pradesh Chief Minister Y S Rajasekhara Reddy dismissed as ''foolish promise'' from a frustrated person who was desperate to come to power by hook or crook.
''It makes sense to launch the National Rural Employment Programme to provide wage employment to labourers. But it does not make sense to give directly to the poor Rs 1,000 to Rs 2,000 without knowing from where the money will come.'' ''No state has such unlimited revenue to fund such a scheme,'' he told reporters here. While Mr Chidambaram had no objection to the TDP's promise of Colour Television, which had helped the Dravida Munnetra Kazhagam (DMK) to come to power in Tamil Nadu, he took objection to the cash transfer scheme estimated to cost more than Rs 35,000 crore per annum.
''It(TDP) is free to provide colour television sets provided it has the resources'', he added.
Health, Education, Infrastructure and Agriculture should have the first claim on the revenue of the state, Mr Chidambaram felt.
Dr Reddy said with over Rs 50,000 crore of the over Rs 90,000 crore of State revenue going for non-plan expenditure including employees salary, the state Government, if it implemented such a scheme, would be left with no money for other plan expenditure.
Exposing the ''duplicity'' of TDP President N Chandrababu Naidu, he recalled Mr Naidu had lost credibility by going back on the promises of Rs two-a-kg-rice, power to peasants at Rs 50 per Horse Power and total prohibition made by the party after ousting the TDP Founder N T Rama Rao from power in a ''political coup''.
-- (UNI) -- 06MS27.xml
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