Chief Minister N. Chandrababu Naidu initiated the distribution of enhanced social security pensions totaling ₹4,408 crore under the NTR Bharosa Pension Scheme on July 1. Each beneficiary received ₹7,000, including an increased monthly pension of ₹4,000 and arrears of ₹1,000 for April, May, and June. Naidu hailed this as a new era in welfare, contrasting it with what he described as the hardships faced under the previous YSR Congress Party (YSRCP) administration. He highlighted the financial burden, estimating an annual pension bill of ₹33,100 crore, and pledged to revive the state’s economy despite challenges left by his predecessor.