Women Self-Help Groups Become Crucial Voting Bloc in Telangana Elections
Deccan ChronicleHyderabad: Nearly 40 per cent of women voters in the state, numbering about 65 lakh, are members in women self-help groups and could play a key role in deciding the results of elections. The Congress is reaching out to the 6.5 lakh women SHGs in the state, with its recently launched 'Mahila Shakti' policy document which aims to make one crore women members 'crorepatis' in the next five years by sanctioning ₹ 1 lakh crore loans through banks and the state government's 'Stree Nidhi' initiatives. On March 12, the Cabinet at a meeting chaired by Chief Minister A. Revanth, approved the Mahila Shakti policy, restoring interest-free loans and pavala vaddi loans extended by the Congress governments from 2004 to 2014 but scrapped by the BRS when it came to power. This pushed women SHGs into a financial crisis as the interest arrears on their loans accumulated to over ₹ 4,000 crore as the BRS government failed to release money to the banks.