Govt. failed SHG women on interest subvention on loans, alleges Jagan
Former Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy has accused the current government of failing to provide promised interest subvention for Self Help Group (SHG) loans. He claims this failure has negatively impacted rural economic growth and women's financial independence.
Why it matters
Illustrates the political discourse surrounding rural welfare schemes and economic management in Andhra Pradesh.
YSRCP president Y. S. Jagan Mohan Reddy on Thursday accused the TDP-led NDA government of failing to fulfil its election promise on interest subvention for Self Help Group (SHG) loans, claiming that women beneficiaries had been deprived of nearly ₹6,000 crore over the past two years.
The article centers on the allegations made by an opposition leader against the ruling coalition.
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