The Telangana government is set to transform the lives of 63.86 lakh members of self-help groups (SHGs) in the State from mere participants to prosperous entrepreneurs under a new initiative called ‘Telangana Mahila Shakti’. This ambitious scheme aims to propel the erstwhile Indira Kranthi Patham (IKP)’s self help groups (SHGs) towards a brighter future.
Chief Minister A. Revanth Reddy will launch this new scheme in the presence of a gathering of thousands of SHG members at the Parade Grounds in Secunderabad on March 12, according to official sources. The initiative comes on the heels of past grievances, with the previous government led by BRS alleged to have failed to uphold promises of interest-free loans, leaving a staggering ₹ 3,750 crore in arrears. To prevent a recurrence of such setbacks, the government is rolling out a zero-interest loan scheme, coupled with provisions for timely reimbursement of interest every six months.
Telangana Mahila Shakti Scheme 2024
Telangana Chief Minister A Revanth Reddy on Tuesday promised to make one crore women members of self-help groups “crorepatis” in the next five years.Addressing a gathering of women self-help groups in Hyderabad as part of the launch of Mahila Shakthi, a new policy for the empowerment of women, Reddy announced sanctioning of Rs 1 lakh crore interest-free loans through state’s ‘stree nidhi’ initiatives and banks.
Urging women to support the government and give the Congress victory in 14 out of 17 seats in the upcoming Lok Sabha polls, Revanth said 65 lakh women across the state associated with 6 lakh SHGs produced top-quality products displaying their talent, and yet there were no platforms for them to sell their products.
Telangana Mahila SwaShakti Scheme Details in Highlights
| Name of the scheme | Telangana Mahila Shakti Scheme |
| Launched by | Telangana government |
| Launched on | Tuesday, March 12 |
| Objective | To provide financial aid |
| Mode | online |
| Beneficiaries | women |
| Interest charge | 0% |
| State | Telangana |
Objectives of Telangana Mahila Shakti Scheme
The goal of the Mahila Shakti Yojana is to empower women in Telangana by enabling them to go from being mere participants in SHGs to successful enterprises and by giving them access to jobs and financial empowerment. Giving 63.86 lakh participants a good level of living is the scheme’s primary objective. Telangana Mahila Shakti Yojana is the new name for this massive initiative, which was previously known as Indira Kranti Patham. This scheme was introduced by Chief Minister Revanth Reddy in front of thousands of participants at the Secunderabad Parade Ground.
Benefits Of Mahila Shakti Scheme
- Applicants will get an interest-free loan.
- The government will provide stalls to the beneficiary’s applicants.
- Applicants will get the Entrepreneurship tips.
- It will boost the economy of the state.
- Women will get employment and will be treated equally in the society.
Mahila Shakti Scheme Telangana Eligibility
- One must belong to the land of Telangana.
- Applicants must have a talent in art or handicraft.
- One must belong to the poor or BPL family.
- Applicant must have annual income as per the guidelines of the state government.
- Applicants have to show their turnover and benefit to the government.
Telangana Mahalakshmi Scheme Apply Online
Documents Required for Telangana Mahila SwaShakti Scheme
Following are the documents required for scheme
- Applicants Aadhar Card
- Passport size Photograph
- PAN Card
- Account number
- Mobile number
Application Process of Telangana Mahila Shakti Scheme 2024
If you are willing to apply for Telangana Mahila Shakti Scheme, follow the steps below for application process.
- Go to the official website of the scheme.
- On the home screen go to the apply here option and click on it.
- A new page will open before you, enter all the required details carefully.
- Upload the necessary documents.
- Click on submit option.
- Save the application form in PDF format for later use.