Telangana Mahila Shakti Scheme has been launched by CM Revanth Reddy on 12 March 2024. This initiative aims to transform the lives of 63.86 lakh members of self help groups (SHGs). Through TS Mahila Shakti Yojana, govt. aims to turn SHG members from mere participants to prosperous entrepreneurs. Read this article till the end to know Mahila Shakti programme complete details.
Under the scheme, if a SHG member passes away due to an accident or natural causes, the loan taken by that member will be waived off. The government is also offering a Rs. 5 lakh life insurance facility for approximately 63.86 lakh women in SHGs. Each village group will be provided with a Rs. 1 crore loan, totaling Rs. 5,000 crore earmarked for this purpose.
Furthermore, mini-industrial parks will be established in every Assembly constituency for aspiring women industrialists. Telangana government is prioritizing financial empowerment, employment opportunities, and skill-based training for women. For example, SHGs will be given stitching contracts for school and police uniforms, along with sewing machine training in district and mandal headquarters. Mini solar units and sanitary napkins will also be established.
About Telangana Mahila Shakti Scheme 2024
TS state govt. will transform lives of 63.86 lakh SHG members 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 has launched this new scheme in the presence of a gathering of thousands of SHG members at the Parade Grounds in Secunderabad on March 12. 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. BRS govt. had left a staggering Rs. 3,750 crore in arrears. To prevent a recurrence of such setbacks, Congress led TS govt. is rolling out a zero-interest loan scheme coupled with provisions for timely reimbursement of interest every six months.
Objective of TS Mahila Shakti Scheme
The main objective of the Telangana Mahila Shakti Scheme is to turn Self Help Group (SHG) women from Lakhpatis to Crorepatis. In order to achieve this, new plans are being introduced for the Telangana Mahila Shakti, formerly known as IKP SHGs. TS govt. is taking measures to provide 0 interest loans to members and ensure regular reimbursement of interest amounts every six months. Additionally, a special loan insurance scheme is being implemented for SHG members.Furthermore, mini-industrial parks will be established in every Assembly constituency for aspiring women industrialists. Telangana government is prioritizing financial empowerment, employment opportunities, and skill-based training for women. For example, SHGs will be given stitching contracts for school and police uniforms, along with sewing machine training in district and mandal headquarters. Mini solar units and sanitary napkins will also be established.
Overview of TS Mahila Shakti Initiative
| Name of Scheme | Telangana Mahila Shakti Scheme |
| Type of Scheme | SHG Welfare Scheme |
| State | Telangana |
| Objective | To turn women members of SHG from Lakhpatis to Crorepatis |
| No. of Beneficiaries | 63.86 lakh members of self help groups |
| Earlier Name | Indira Kranthi Patham (IKP) |
| Benefits & Features | Zero Interest Loan and Special Loan Insurance Scheme for Women SHG's |
Eligibility Criteria for Mahila Shakti Scheme in Telangana
- Applicant must be a permanent resident of Telangana state.
- Applicant must belong to a Self Help Group in the TS state.
- Only women members of SHG's are eligible.
List of Documents Required for TS Mission Shakti
- Aadhar Card
- PAN Card
- Date of Birth Proof
- Income Certificate
- Bank Account Details
- Active Mobile Number
- Email ID
- Recent Passport Size Photographs
How to Apply Online for Telangana Mission Shakti Scheme
- First of all, visit the official website of Mission Shakti Scheme.
- On the homepage, click at "Apply" link.
- Upon clicking the link, the Mission Shakti Yojana online registration form will open.
- Fill in the asked details accurately and upload necessary documents as mentioned above.
- Review your filled in information in the application form through online mode.
- Finally, click on the "Submit" button to send your application to the concerned authorities for approval.
Source / Reference Link: https://www.thehansindia.com/telangana/revanth-to-launch-mahila-shakti-scheme-tomorrow-863967
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Telangana