₹16,500 Crores Freebie for 1.6% Voters.
DMK promised Education Loan waiver in their 2016 Poll Manifesto. Total loan due then was ₹17,000 Cr
DMK promises Education loan waiver for 2021 Election. Total loan due as of 2019 was ₹16,500 Cr
DMK promised Education Loan waiver in their 2016 Poll Manifesto. Total loan due then was ₹17,000 Cr
DMK promises Education loan waiver for 2021 Election. Total loan due as of 2019 was ₹16,500 Cr
Last year for 24,315 Applicants, loan disbursed was ₹740.87 Crores. Average loan per applicant is 3 Lakhs.
So for ₹16,500 Crore loan, it is roughly 5.5 Lakh applicants. Assuming the family will vote for this; this roughly translates to 15 Lakh Votes.
So for ₹16,500 Crore loan, it is roughly 5.5 Lakh applicants. Assuming the family will vote for this; this roughly translates to 15 Lakh Votes.
On an average we see only 70% voter turnout and presuming 80% of these beneficiaries decide to cast their vote for DMK - 8.4 Lakh Voters (15 Lakh x 0.7 x 0.8).
₹16,500 Crores proposed expenditure for 1.6% Voters.
Vote wisely people.
₹16,500 Crores proposed expenditure for 1.6% Voters.
Vote wisely people.
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