Andhra CM Jagan Mohan Reddy Launches No-Interest Loan Scheme

Chief Minister YS Jagan Mohan Reddy on Friday introduced the YSR Zero Interest Loan scheme, under which Rs 1,400 crore was credited to the bank accounts of 8.78 lakh Self Help Groups (SHGs). Under the scheme, women SHG members can avail loans of Rs 20,000-40,000 a year which will benefit over 91 lakh women SHG members across the State. Of the 8.78 lakh SHGs, 6.95 are in rural areas. Check out more details here.

by Monika

Updated: Apr 26, 2020 17:46 IST

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