Release Rs 4K cr passion debts to SHG ladies: Bandi Sanjay to government

Hyderabad: State BJP president Bandi Sanjay Kumar on Friday asked for that the TRS government launch Rs 4,000 crore passion debts as a result of be paid to Self-Help Group (SHG) ladies under the Development of Women and also Children in Rural Areas (DWCRA) on the event of “Raksha Bandhan” celebration.

In a letter to Chief Minister K Chandrashekar Rao, he stated “at a time when womenfolk across the country were celebrating ‘Rakhi Pournami’ festival with a lot of jubilation, the SHG women belonging to DWCRA in Telangana were in a deep distress due to lack of any State government support.

“In the last 8 years of ineffective and also detached TRS routine, the DWCRA teams were entirely paralysed subjecting ladies participants to unimaginable anguishes,” he pointed out.

Bandi stated that there were 399,120 women SHGs under the Society for Elimination of Rural Poverty (SERP), comprising 43,29,058 members. Under the Mission for Elimination of Poverty in Municipal Areas (MEPMA), there were 181,225 members.

“These ladies teams have actually been awaiting funds from the State government, however it has actually not been launching them on schedule, causing extreme distress amongst them. Many ladies participants had actually taken small business loan wishing to obtain passion refund from the government, however there has actually been no feedback from the Centre,” he said.

The State BJP president pointed out that the interest arrears rebate to be paid by the government to the women groups under SERP and MEPMA had mounted to nearly Rs 4,000 crore. “Though the State government asserted to have actually set aside Rs 3,000 crore in the direction of passion repayment to ladies teams in 2021-22, it has actually not launched it. Similarly, in economic year 2022-23, the government allocated Rs 1,250 crore, however thus far, not a cent was launched,” he stated.

If the women groups do not pay interest to banks on time, they would be under pressure. “Due to detached perspective of the State government in launching the passion debts on schedule each month, the financial institution authorities are stating SHGs debtors,” Bandi stated.

The Karimnagar MP mentioned that a minimum of on the Rakhi celebration day, the government must launch Rs 4,000 crore as a result of ladies teams in the direction of passion repayments, to make sure that they would certainly commemorate the celebration in a pleased state of mind.