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Rs 902-cr loans disbursed to SHGs: Jupally

Claiming that an amount of Rs 902 crore was already released to clear the dues towards ‘vaddileni runalu’ (interest-free loans) to women’s SHGs, PR and rural development minister Jupally Krishna Rao h

Published: 21st August 2018 04:43 AM  |   Last Updated: 21st August 2018 04:43 AM   |  A+A A-

By Express News Service

HYDERABAD: Claiming that an amount of Rs 902 crore was already released to clear the dues towards ‘vaddileni runalu’ (interest-free loans) to women’s SHGs, PR and rural development minister Jupally Krishna Rao has  requested the Union government to release Rs 339 crore more. He said in 2017-18 fiscal, government had given Rs 7,900 crore through Strinidhi to 1,74,46,000 thrift groups. In 2018-19, they set a target of providing Rs 8,800-crore loans to 3,23,770 women SHGs. Of that, Rs 2,000 crore has been disbursed so far.

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