Telangana Targets One Crore Women Millionaires through SHGs

Telangana Targets One Crore Women Millionaires through SHGs

By: Women Entrepreneurs Review Team | Monday, 9 November 2026

The Telangana government has planned to increase women’s economic participation through inclusion of SHGs in public procurement, infrastructure, energy, and other related areas of activity. The plan ensures financial freedom of women through increasing participation in economic activities as groups and providing them avenues for earning money and becoming entrepreneurs.

Addressing an interactive program, Chief Minister of Telangana State, A. Revanth Reddy reiterated his determination to enhance the economic status of women and provide them financial freedom. He added on “My life would be truly fulfilled if I make one crore women millionaires while I serve as the Chief Minister.” In addition to this, he mentioned the achievements made so far in this regard; seven million women have become the members of SHGs.

Key Highlights:

  • Telangana targets one crore women millionaires through SHGs by 2034
  • Women receive Rs 79,000 crore in bank-linked loans over 34 months
  • SHGs gain business opportunities in school uniforms, petrol stations and solar projects

The government is also encouraging women in business activity in other sectors. The availability of finance and support from households has been another important part of government schemes. In past 34 months, loan schemes through banks have facilitated financing amounting to Rs 79,000 crore to women, providing means to avail credit for their economic activities.

Furthermore, the government has emphasized on significance of its scheme for free RTC bus travel by which currently about 3.7 million women travel every day without paying any fare. The scheme has not only helped in enhancing mobility and education and employment opportunities for women but has also proved profitable for the transport corporation because of increased number of commuters.

He advised mothers to make sure that their daughters never face any financial or social problems like them.  Calling upon women to make a collective promise towards girls’ higher education, he promised them full support from the state government.

Speaking during his birthday in the presence of women’s groups, the Chief Minister emphasized the importance of enhancing women’s economic empowerment and motivates them towards entrepreneurship. In expressing his gratitude for the presence of ladies who have assembled there amidst the celebration of Diwali festival, he said, “Despite it being the festival of Diwali, I thank all the women who have come here to wish me a happy birthday.”

Talking further, he mentioned some of the social welfare schemes undertaken by the government in which 450,000 new pensions were sanctioned, out of which 350,000 were sanctioned to single women and widows. Besides them, the beneficiaries of pensions include weavers and toddy tappers under the saturation model of pension scheme.

In one such venture, women have been responsible for stitching uniforms for students studying in government schools, thus generating business worth Rs 150-200 crores every year. SHGs have been encouraged to engage themselves in other commercial ventures as well like running petrol bunkers and solar energy projects among others so as to help women earn money from multiple sources.

Current Issue

Prominent Indian Women Industry Leaders

Most Viewed

🍪 Do you like Cookies?

We use cookies to ensure you get the best experience on our website. Read more...