Hyderabad: Chief Minister Revanth Reddy introduced a significant new plan during the launch of the MSME (Micro, Small, and Medium Enterprises) policy today. The key highlight of this plan is financial support for women’s groups to help them start and expand their businesses.
The Chief Minister announced that the government will offer large loans to women’s groups at zero interest. This initiative is aimed at empowering women and encouraging them to become successful business owners.
Revanth Reddy emphasized that the government is committed to providing loans amounting to several lakh crores without any interest. These loans will specifically support women entrepreneurs.
The goal of this new policy is to create a more supportive environment for women in the business world. By focusing on women-led businesses, the government aims to strengthen the economy and encourage a more diverse industrial sector.