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Why the #AIADMKManifesto promise of a Govt job for every family is simply not possible.Thread....
TN has around 14 lakh State Govt employees. Roughly that would cover around 56 lakh people ( 4 ppl per family). Let us take only BPL families to see if this promise is feasible
TN has around 14 lakh State Govt employees. Roughly that would cover around 56 lakh people ( 4 ppl per family). Let us take only BPL families to see if this promise is feasible
TN has around 60 lakh BPL families. Presumably if one of them had a Govt job they wouldn't be below the poverty line. So this means that 60 lakh Govt jobs have to be given. That means number of Govt employees will go up from 14 lakh to around 75 lakh.
Now let us do the math. Today around 62% of State's revenues goes towards salaries and pensions for Govt staff. 1 lakh crore goes just for this. Salary component alone is around 65000 crore. If number of Govt staff increases by 5 times, wage bill alone goes up to 3.2 lakh crore
