Telangana government: Funds will be deposited in the accounts of women's groups from today: Revanth Reddy

The Revanth Reddy government has given big good news to the women 's self-help groups in Telangana. It has recently released interest-free loans that were stalled in the past. The state government has taken a key decision by releasing a total of Rs. 344 crores. Of this amount, Rs. 300 crores will be allocated to rural women's groups, while Rs. 44 crores will be given to urban women. These loans will be deposited in the accounts of the respective groups from July 13 to 18.

Distribution of cheques in each constituency

Ministers and MLAs will conduct cheque distribution programs in constituencies. Officials said that they will also distribute accident insurance and loan insurance cheques. During the previous government's tenure, interest-free loans were completely wiped out. At that time, the BRS government had arrears of more than Rs. 3 thousand crores. Due to non-payment, the financial burden on women's groups increased.

Steps to resolve the issue after Congress comes to power

After Revanth Reddytookcharge as the Chief Minister, steps were taken to pay off interest-free loans. These funds were released as the first step to revive women's groups. This decision will provide financial relief to lakhs of women. Experts say that this could be a big compass for expanding self-employment opportunities. This move will be a big guarantee for the development of women's groups.

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