YSR Congress party leader and Vijayawada Mayor Rayana Bhagyalakshmi on Wednesday alleged that Andhra Pradesh chief minister N Chandrababu Naidu was looting DWCRA women’s hard-earned savings under the guise of welfare schemes.

Speaking to reporters at Tadepalli, Bhagyalakshmi said the coalition government was shamelessly turning women’s deposits into loans with interest instead of giving them free financial aid, as was done under Y S Jagan Mohan Reddy’s leadership.

She alleged that the government had diverted Rs 1,000 crore from Stree Nidhi to fund NTR Kalyanalakshmi and Vidyalakshmi schemes. Instead of giving the money as direct benefit, the women were being forced to take loans at 4% interest.

She questioned how Naidu could boast of such schemes when they were nothing but deceitful tra

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