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Saturday 7 March 2009

Babu proposes `Cash Transfer Scheme'

BLURB: If voted to power, the TDP Govt will spend Rs 20,000 crore for the welfare of the poor through the one-of-its-kind scheme in the country, says the TDP supremo

Express News Service

Hyderabad, March 5

THINK globally and act locally, seems to be the principle of TDP president N Chandrababu Naidu who has conceived Cash Transfer Scheme (CTS), which according to him, is one of its kind in the country.

Naidu studied a similar programme currently under implementation in Brazil, Mexico, Argentina, Chile and New York in the USA. The governments in the respective countries were depositing money every month for citizens, Naidu said. New York Mayor too introduced such a scheme recently for citizens to overcome the economic recession.

The CTS was evaluated as the best ever welfare programme to eradicate child labour and improve health conditions by various organisations like the International Labour Organisation (ILO), the World Bank, the Food and Agriculture Organisation (FAO) and the Asian Development Bank (ADB), Naidu said.The CTS, proposed by the TDP, was the best ever scheme in the country, Naidu claimed. It would ensure one US dollar to every poor family every day, he said.

But, how much will it cost to implement the CTS, if the TDP is voted to

power? It would cost around Rs 15,000 crore to Rs 20,000 crore, Naidu said.

He argued that the income of the State was steadily increasing at 21 per

cent on an average in the last 14 years. ``The present State income is

around Rs 70,000 crore. Can't the government spend Rs 20,000 crore for the

welfare of the poor?'' Naidu asked.

He argued that with the implementation of reforms, the income of the

government had increased and its benefits should trickle down to the poorest

of the poor.

On distribution of colour televisions, Naidu said each TV would cost around

Rs 3,000 as the government would order bulk supplies.

The TDP is seeking suggestions on these two promises from the public.

Suggestion can be posted at www.telugudesamparty.org or SMSes can be sent to

9618096186.

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