Be it for the craving to get power for five years or the yearning for momentary applause from people, YSRCP President YS Jagan Mohan Reddy is announcing several sops to voters during his padayathra, which are difficult to fulfill in reality.
Afresh, Jagan has promised the potential vote bank that he would pay the entire debts that people of AP have to banks by the 2019 election time. The catchphrase here is that instead of paying to banks, Jagan promised that he would directly disburse the money to public in 4 installments.
This seems an unfulfillable promise in reality. Assuming that Jagan comes into power and manages to fulfill this highly implausible promise, majority of people might not pay off their debts to banks. They might instead use the money for personal use, thus defeating the purpose of the scheme. In reality, banks will never agree to such scheme from the state govt.
Moreover, believing Jagan’s promise, if people take excessive loans from banks starting from now hoping Jagan to write them off, it will become burdensome for all of them in future. Another factor is, will the Centre release funds and encourage such mindless schemes made only with the view of getting votes?
