The Telangana Mahila Shakti Scheme, introduced on March 12, 2024, is a pioneering initiative by the Telangana government to uplift and empower women across the state.
This scheme is specifically designed to support women who are part of self-help groups (SHGs). This scheme aims to provide financial assistance, training, and various other benefits to women and make them successful entrepreneurs, and contributing to the socio-economic development of the state.
Key details of the Telangana Mahila Shakti Scheme:
| Feature | Details |
|---|---|
| Launch Date | March 12, 2024 |
| Objective | Empower women SHGs in Telangana |
| Total Loan Amount | Rs. 1 lakh crore (interest-free loans) |
| Life Insurance Coverage | Up to Rs. 5 lakh per SHG member |
| Target Beneficiaries | 63.86 lakh women |
| Eligibility | Telangana residents, SHG members, not employed in government |
| Application Process | Online application via official portal |
| Documents Required | Aadhar Card, proof of residence, SHG membership proof, bank details, photos, income certificate |
| Support Provided | Financial aid, training, infrastructure for market access |
Objective
The main objective of the Telangana Mahila Shakti Yojana is to empower women and make them self reliant and financially independent.
The objectives of this scheme includes:
- Providing financial aid and interest-free loans to SHGs.
- Providing life insurance to members of SHGs.
- Facilitate the establishment and growth of women-led businesses.
- Enhance the socio-economic status of women in Telangana.
Features
Various features of Mahila Shakti Scheme Telangana are:
1. Interest-Free Loans: The scheme offers zero-interest loans to women SHGs, with a total fund allocation of Rs. 1 lakh crore.
2. Life Insurance: Members of SHGs are provided with life insurance coverage of up to Rs. 5 lakh.
3. Entrepreneurial Training: The scheme includes training programs aimed at enhancing entrepreneurial skills among women.
4. Infrastructure Support: Facilities like stalls and marketplaces are established to help women sell their products directly to consumers.
5. Large-Scale Reach: The scheme aims to benefit 63.86 lakh women across Telangana.
Benefits
The benefits of the Mahila Shakti Scheme are:
1. Financial Empowerment: Access to interest-free loans significantly reduces the financial burden on women entrepreneurs.
2. Security: Life insurance provides financial security to the families of SHG members in case of unforeseen circumstances.
3. Skill Development: Training programs help women acquire new skills and improve the existing skills they have, it increases their chances of successfully managing business.
4. Market Access: Infrastructure support, like the stalls near Shilparamam in Hyderabad, enables women to reach a broader market.
5. Community Recognition: The scheme promotes women’s entrepreneurship, enhancing their status and recognition in the community.
Documents Required
Applicants need to submit the following documents to apply for this scheme:
- Aadhar Card
- Proof of residence (e.g., electricity bill, ration card)
- Membership proof of the SHG
- Bank account details
- Passport-sized photographs
- Income certificate (if applicable)
Eligibility Criteria
Applicants must meet the following eligibility criteria to apply for this scheme:
- Applicant must be a resident of Telangana.
- Applicant must be an active member of a self-help group.
- Applicant should not be employed in any government office.
- Generally, the applicant should be between 18 and 60 years old.
Steps to Apply Online for Telangana Mahila Shakti Scheme 2024
Here are the steps to apply for the Telangana Mahila Shakti Scheme:
- Visit the official website of Telangana Mahila Shakti Scheme.
- Create an account on the website by providing your basic details and a valid email address.
- Fill the application form with accurate personal, financial, and SHG-related information.
- Scan and upload the required documents.
- Review all the information that you entered and submit the application.
- The authorities will review your application and the submitted documents.
- After approval, the financial aid and other benefits will be disbursed to the applicant’s account.
The Telangana Mahila Shakti Scheme is an initiative aimed at changing the lives of women in Telangana. By providing essential financial and infrastructural support, it empowers women economically and improves their social status. This scheme shows the commitment of the Telangana government to women empowerment and inclusive growth.
FAQs
1. What is the Telangana Mahila Shakti Scheme?
The Telangana Mahila Shakti Scheme is an initiative to empower women SHGs in Telangana by providing them with financial aid, interest-free loans, life insurance, and entrepreneurial training.
2. What benefits does the scheme offer?
The scheme offers interest-free loans, life insurance, entrepreneurial training, infrastructure support, and market access to women SHG members.
3. How does the scheme support women entrepreneurs?
The scheme provides financial assistance, training programs, and infrastructure support to help women start and grow their businesses, promoting economic independence and community recognition.