Governments may implement financial incentives to address declining population growth, as demonstrated by Andhra Pradesh's announcement of ₹30,000 for third children and ₹40,000 for fourth children, aimed at encouraging higher birth rates when the state's total fertility rate falls below the replacement level of 2.1.
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Chandrababu Naidu Announces ₹30K & ₹40K Incentives For 3rd, 4th ChildAdded:
And shifting our focus to more breaking news that's coming in, this one is from Andhra Pradesh [music] where we learn that the Andhra Pradesh Chief Minister Chandrababu Naidu has announced [music] cash incentives for third and fourth child. Now, the Andhra Pradesh government will be [music] giving rupees 30,000 for third child and rupees 40,000 for the fourth child. Now, Chief Minister Chandrababu Naidu speaking [music] at Swarna Andhra Swachh Andhra program in Andhra Pradesh, he said that and expressed concern in fact over the declining population [music] growth in the state and said the children should be viewed as the nation's wealth and not as a burden. [music] That's a big move that's come in from Andhra Pradesh government Chandrababu Naidu giving in [music] that directive.
Ashish is joining me live on the broadcast on that note. Ashish, what could be the main reasons behind Chandrababu Naidu >> [music] >> speaking about those incentives about the third and the fourth child?
Look, Andhra Pradesh total fertility rate is 2.1 [music] which is which has gone down on replace it is it is below 21.1 which is under below the replacement level and that declining fertility total fertility rate has worried Chief Minister Chandrababu Naidu earlier also during the assembly session earlier this year. Chief Minister Chandrababu Naidu had informed on the floor of the house that his government is considering to incentivize to those parents who are who are having more children. The government of Andhra Pradesh now has decided that they will provide rupees 30,000 if a couple gets their third child and 40,000 if they have a fourth child. So, clearly Andhra Pradesh government is incentivizing the child birth and the reason behind is that the Andhra Pradesh total fertility rate DFR is going down and that has worried Chandrababu Naidu and Chandrababu Naidu is a vocal a of more and more children. They In fact, he has in several of the program he has appealed to the couple to have more and more child, more and more children. And now government Andhra Pradesh has decided to in fact incentivize to those couples who are having third or fourth child.
Right. Yes, Ashish, thank you very much for getting us those details.
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