csrcsr Posted January 13, 2021 Report Share Posted January 13, 2021 The market in Andhra Pradesh is jubilant, ahead of the annual Pongal festival. While the new crop for the year had come in giving greater relief to the families from the year-long lockdown and pandemic, the money deposited directly in the bank accounts by the state government under the scheme had further brought jubilation. The state government headed by chief minister Jagan Mohan Reddy had deposited Rs 6,673 crore in the bank accounts of 44,48,665 women beneficiaries across the state under Amma Vodi, meant for the education of the children. The state had seen close to 50 lakh families receiving Rs 14,000 each for the year, a week before the festival. When chief minister Jagan Mohan Reddy pressed the button on the computer at Nellore on Monday and as the money started adding to the bank accounts of the women, there was jubilation across the state, both in the families and the market. The market forces, particularly the cloth merchants and the grocery merchants, have been eagerly waiting for the Amma Vodi scheme to be paid. There was no business for these sectors for the past one year due to lock down. The cloth merchants have spent almost 8 months behind the closed shutters, with no business. With money on hand, the merchants expect people to buy new cloths and buy grocery for the festival season. This, would give them good business, though the money is meant to be spent for the education of the children. The State government is upgrading the schools and colleges and is providing new uniform, books, shoes and bags, taking away the financial commitments of the parents. With not much to spend for the education, the families are now looking at the merchants to celebrate the Pongal meaningfully, after the painful lockdown all through. Quote Link to comment Share on other sites More sharing options...
csrcsr Posted January 13, 2021 Author Report Share Posted January 13, 2021 Not sure entha sustainable o but market lo full cash rotate avutundi ilage panchithe adi oka strategy emo to improve economy, actually this way public chetilo masthu transactions avutayi Quote Link to comment Share on other sites More sharing options...
Thokkalee Posted January 13, 2021 Report Share Posted January 13, 2021 Vachhe revenue panchithe parledu... appu thechhi panchutunnaru... emito e leaders.. started with ysr.. taken to next level by cbn... taken to the moon by jagan... 2 Quote Link to comment Share on other sites More sharing options...
Hydrockers Posted January 13, 2021 Report Share Posted January 13, 2021 Poor people chetilo cash unte basic things kosam spend chestaru automatic ga taxes vastai ga Quote Link to comment Share on other sites More sharing options...
Thokkalee Posted January 13, 2021 Report Share Posted January 13, 2021 2 minutes ago, Hydrockers said: Poor people chetilo cash unte basic things kosam spend chestaru automatic ga taxes vastai ga There is nothing wrong in spending on social welfare schemes.. we have always had them.. but they are going overboard with these schemes and bring credit to spend money on this... Quote Link to comment Share on other sites More sharing options...
csrcsr Posted January 13, 2021 Author Report Share Posted January 13, 2021 2 minutes ago, Thokkalee said: Vachhe revenue panchithe parledu... appu thechhi panchutunnaru... emito e leaders.. started with ysr.. taken to next level by cbn... taken to the moon by jagan... See that discussion is always there bro But will this create more economic impact ??across rural areas too, not sure how long this is sustainable, but prathi okaru a money market lo karchupedithe janalu will be busy , what revenue you need janalu cinemalu potaru, tagutaru, tintaru, vehicles avi rotate avuthe baaga taxes vastayi kada ,this will directly impact remote areas too not sure though Quote Link to comment Share on other sites More sharing options...
Thokkalee Posted January 13, 2021 Report Share Posted January 13, 2021 2 minutes ago, csrcsr said: See that discussion is always there bro But will this create more economic impact ??across rural areas too, not sure how long this is sustainable, but prathi okaru a money market lo karchupedithe janalu will be busy , what revenue you need janalu cinemalu potaru, tagutaru, tintaru, vehicles avi rotate avuthe baaga taxes vastayi kada ,this will directly impact remote areas too not sure though I don’t get this logic... 100 rupees spend chesi andulo oka 20 rupees tax revenue vasthe, (assuming they spend on something that generates tax revenue), how is that good? Don’t we have to pay 100 rupees back to clear the debt? It is even worse if they are spending that money on liquor.. Quote Link to comment Share on other sites More sharing options...
JustChill_Mama Posted January 13, 2021 Report Share Posted January 13, 2021 11 minutes ago, Hydrockers said: Poor people chetilo cash unte basic things kosam spend chestaru automatic ga taxes vastai ga Food ki tax undadhu kadha ... liquor ante reasonable & wise decision by jagga Quote Link to comment Share on other sites More sharing options...
AvakaiBiriyani Posted January 13, 2021 Report Share Posted January 13, 2021 Appu dorakka konna danyam ki Inka farmers ki dabbulu veyala butulu tittukuntunaru 2 months nundi Quote Link to comment Share on other sites More sharing options...
csrcsr Posted January 13, 2021 Author Report Share Posted January 13, 2021 1 minute ago, Thokkalee said: I don’t get this logic... 100 rupees spend chesi andulo oka 20 rupees tax revenue vasthe, (assuming they spend on something that generates tax revenue), how is that good? Don’t we have to pay 100 rupees back to clear the debt? It is even worse if they are spending that money on liquor.. Similar idea https://theconversation.com/how-hard-cash-could-boost-an-economy-laid-low-by-coronavirus-134841 Quote Link to comment Share on other sites More sharing options...
csrcsr Posted January 13, 2021 Author Report Share Posted January 13, 2021 21 minutes ago, Thokkalee said: I don’t get this logic... 100 rupees spend chesi andulo oka 20 rupees tax revenue vasthe, (assuming they spend on something that generates tax revenue), how is that good? Don’t we have to pay 100 rupees back to clear the debt? It is even worse if they are spending that money on liquor.. economics.mit.edu › filesPDF Evidence from Cash Transfer Programs - MIT Economics https://www.google.com/url?sa=t&source=web&rct=j&url=https://economics.mit.edu/files/12488&ved=2ahUKEwiJpLejr5juAhUHS60KHQQ1Ak84ChAWMAh6BAgCEAE&usg=AOvVaw2jojB3DIF_YVoaMUxOnFec Quote Link to comment Share on other sites More sharing options...
Sachin200 Posted January 13, 2021 Report Share Posted January 13, 2021 1 minute ago, csrcsr said: economics.mit.edu › filesPDF Evidence from Cash Transfer Programs - MIT Economics https://www.google.com/url?sa=t&source=web&rct=j&url=https://economics.mit.edu/files/12488&ved=2ahUKEwiJpLejr5juAhUHS60KHQQ1Ak84ChAWMAh6BAgCEAE&usg=AOvVaw2jojB3DIF_YVoaMUxOnFec Summarize cheyachu ga , how it is beneficial to government ? Besides circulating the money in the market . End of the day , net entha petalli government from pocket ? To some extent returns vastayi through taxes . Debt interest add cheyali ga for government 1 Quote Link to comment Share on other sites More sharing options...
Pappu_Packitmaar Posted January 13, 2021 Report Share Posted January 13, 2021 With growing revenue and increased tax collections, present AP debt can be well managed over the next 4 years. Welfare is the prime motive of the government. Jaggadu panchina paisal anni oka lekka kadu, it appears to be huge sum today but 4 years later, even with economic growth of 4-5%, such debts can be managed very well. AP's welfare schemes might have costed about one lakh crores in the last 18 months, Look at the sectors maximum money being spent. Almost 70% of welfare money is being spent on crucial indicators. Look at school education, massive allocation of 30k crores, every individual should welcome such a move. Quote Link to comment Share on other sites More sharing options...
Pappu_Packitmaar Posted January 13, 2021 Report Share Posted January 13, 2021 Istamochinattu house plots panchindu..Now, help the plot beneficaries to build their homes, provide them with cheap loans like 5% loans...and see the magic, rural economy and rural employment sampi idisipadestadi... oka affordable housing chalu, rural economy ni pichi ekki padeyanika...ghoranga cash distribute aitadi. 1 Quote Link to comment Share on other sites More sharing options...
csrcsr Posted January 13, 2021 Author Report Share Posted January 13, 2021 8 minutes ago, Sachin200 said: Summarize cheyachu ga , how it is beneficial to government ? Besides circulating the money in the market . End of the day , net entha petalli government from pocket ? To some extent returns vastayi through taxes . Debt interest add cheyali ga for government Not only taxes kada bro its entire economy revive avutundi kada in short term If they spend on food lot of other industries will get benefitted fishieris, small scale hotels indirect employment will be more We cannot compare 100rs ki 20rs taxes vastayi ani anukuntuna direct ga 7k crores masses lo dinchutunadu So the spending itself create instant boost to rural economy Not sure this can continue in longer run Quote Link to comment Share on other sites More sharing options...
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