AP Chief Minister YS Jaganmohan Reddy, who became popular as ‘reverse Jagan” within four months of coming to power with his ‘reverse decisions’ on Amaravathi, power purchase agreements, sand policy etc, has dealt a huge blow to over 2 lakh unemployed youth in AP with his ‘trademark’ reverse step.
Jagan issued orders cancelling self-employment loans to 2.17 lakh youth that were earlier sanctioned by previous CM N Chandrababu Naidu.
Naidu had sanctioned loans worth Rs 3,783 crore to 2.76 lakh unemployed youth in the final year of his tenure as CM.
But he could release only 1.27 lakh unemployed youth as election code came into force.
However, Naidu ensured that the required funds are allotted in the Budget for 2019-20.
With Naidu losing power after Assembly polls and Jagan becoming CM, these loans have been stopped abruptly.
Jagan as usual decided to ‘review’ all the decisions taken by previous TDP government.
He ordered officals not to sanction loans until he approves.
After four months, Jagan issued orders cancelling all the loans sanctioned by TDP government.
Jagan now wants to disburse these loans through his ‘village/ ward volunteer system.’
Everyone knows, village/ward volunteer system in nothing but to distribute public money to YSRCP activists and supporters.
The criterion to get unemployed loan now will be based on whether the applicant is a Jagan or YSRCP supporter or not.
The loans to unemployed scheme in AP has now turned out be an ’employment scheme for YSRCP activists, supporters’, thanks to Jagan’s ‘reverse decision’.