Telangana Govt. to remit Rs. 5000 monthly to poor families’ account?

Hyderabad: In case the central government implements Universal Basic Income scheme, the Telangana government is mulling over depositing Rs. 5000 monthly in the bank accounts of people living Below Poverty Line instead of providing them subsidy.

Telangana government spends 30 thousand crore on welfare and prosperity works in the state. The government feels that 25 pc amount is wasted during the process. According to government sources 25 pc of the amount spent on welfare schemes in the state is wasted in rampant leakage, diversion, and corruption. Hence if Central government implements Universal Basic Income (UBI) scheme then Telangana government will remit Rs. 5000 monthly directly to the bank accounts of BPL families.