Telangana CM disburses Rs 344 cr interest-free loans to SHGs

Telangana chief minister A Revanth Reddy on Friday, July 18, handed over interest-free loan cheques worth Rs 344 crore to 3,52,635 Self Help Groups (SHGs) under the Stree Nidhi scheme across the state.

The Stree Nidhi scheme provides timely and affordable credit to SHGs in rural and urban areas.

In the



Kollapur constituency alone, interest-free loan cheques worth Rs 6.33 crore were handed over to 2,671 SHGs and cheques worth Rs 41.61 crore for bank loans to 570 SHGs.

Additionally, CM Revanth presented a Rs 20 lakh accident insurance cheque to a beneficiary and handed over a loan insurance settlement cheque of Rs 9,35,443 to a SHG woman.