Govt planning to invest Rs 6,600 cr for residential schools:CM

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Hyderabad, Dec 17 (UNI) Andhra Pradesh Chief Minister Y S Rajasekhara Reddy today said the state government was planning to invest an amount of Rs 6,600 crore to improve the infrastructure facilities in 651 residential schools in the state.

In a release here, Dr Reddy said the government was committed to eradicate poverty in the Backward Classes (BCs) by improving the economic conditions.

He said the BCs welfare scholarship which was Rs 238 crore in 2004, had been increased to Rs 619 crore as the government intended to provide scholarships for the eligible students.

He said the government had already spent Rs 5,000 crore for the BCs welfare and distributed Rs 1,200 crore to the poor.

He said the government proposed to provide 46 lakh worth pensions this year and this would be increased to 60 lakh soon.

The Chief Minister said the government had given loans worth Rs 7,000 crore at the rate of three per cent interest to women members of the 'Dwacra' groups and distributed 1.32 lakh cattle under the 'Pasu Kranthi' scheme for the BCs.

With a view to provide Corporate medical facilities, he said the government had introduced 'Aarogya Sree' health insurance scheme in some of the districts. It would be implemented all over the state soon.

To improve the economic conditions of handloom workers in the state, he said the government had earmarked a budget allocation of Rs 150 crore.

The eligibility age of the oldage-pension for handloom workers, had been reduced to 50 years from 65 years, Dr Reddy added.


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