Amaravati, May 16: In a move to boost population growth in Andhra Pradesh, Chief Minister N. Chandrababu Naidu on Saturday announced a cash incentive of Rs 30,000 for third child and Rs 40,000 for the fourth child. He said that the money would be given to parents immediately after the birth of the child.
The Chief Minister made the announcement while addressing a public meeting in Narasannapeta in Srikakulam district, held as part of ‘Swachhandhra-Swarnandhra’ programme. “There was a time when I worked for the family planning. Children are asset. Today once again we all have to work hard for children. I have taken a decision. For the third child, we will give Rs 30,000 immediately after birth. For the fourth child, we will give Rs 40,000,” he said amid a peal of laughter and loud cheers by the crowd. The Chief Minister and other sitting on the dais were all smiles. Chief Minister Chandrababu Naidu said that children constitute the true wealth of the nation and are vital for its progress. Noting that declining population levels are a cause for concern, the Chief Minister added that a special action plan would be implemented to curb the rate of population decline. He announced that a new initiative titled ‘Children Are Wealth’ would be launched shortly. He clarified that efforts are underway to transform the population into a national asset through effective population management. He said that many people are currently limiting themselves to just one child, a trend that has led to population decline and a rise in the elderly population in numerous countries. He cautioned that this demographic shift is adversely impacting the economies of those nations.

