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The Hindu
The Hindu
National
T. Appala Naidu

Andhra Pradesh: Human capital investment will not lead to bankruptcy, says Chief Minister Jagan Mohan Reddy

Jagan Mohan Reddy Andhra Pradesh Poverty

Chief Minister Y.S. Jagan Mohan Reddy on May 24 (Wednesday) asserted that “human capital investment, including ₹14,912 crore spent on education over the past four years,” would not lead to bankruptcy of the State.

Mr. Jagan Mohan Reddy was addressing the students at a roadshow here after releasing ₹703 crore towards reimbursement of college fee of the 9.95 lakh students for the quarter January to March under the Jagananna Vidya Deevena scheme, at Kovvur in East Godavari district.

“The budget being spent on education should be seen as human capital investment, which changes the fate of the future of Andhra Pradesh. Such investment will not lead to bankruptcy, but will help equip the State with skilled manpower,” Mr. Jagan Mohan Reddy said.

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