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Women SHGs-led businesses expand across diverse sectors : Ponguleti Srinivas Reddy

Women SHGs-led businesses expand across diverse sectors : Ponguleti Srinivas Reddy

The Hindu2 days ago
Minister for Revenue, Housing and Information & Public Relations Ponguleti Srinivas Reddy said that empowering one crore women to become millionaires has been the top priority of the Congress government.
He was addressing a gathering after laying the foundation stone for the new bus stand at an estimated cost of Rs 5.50 crore under the Kakatiya Thermal Power Station (KTPP)'s CSR initiative in Chelpur of Jayashankar Bhupalpally district on Monday. IT and Industries Minister D. Sridhar Babu and others were present.
Mr. Reddy said that special focus is being laid to foster the spirit of entrepreneurship among women through skill development and training to enable them to achieve financial independence.
The women self-help groups (SHGs)-led businesses expanded manifold under the Congress government. Women SHGs are treading the path of financial independence by leasing out buses to the TGSRTC, running petrol bunks, paddy procurement centres, mahila canteens among other businesses across diverse sectors, he said.
He added that the disbursement of interest-free loans to women SHGs and other financial inclusion initiatives are a testament to the Congress government's commitment to the economic empowerment of women.
Earlier, the ministers inaugurated the new police station building in the mandal headquarters of Gori Kothapally and a skill development training centre under the aegis of the Telangana Academy for Skill and Knowledge (TASK) in Bhupalpally town.
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