Give a leg up to SHGs to vie with Adanis, Ambanis: CM

Hyderabad: Chief Minister Anumula Revanth Reddy on Saturday said that while several corporate bigwigs duped banks to the tune of Rs 16 lakh crore and fled the country, the women of self-help groups (SHGs) in Telangana had been paying their loans with interest promptly. He went on to say that the women groups in Telangana were synonyms for financial discipline. Participating in the 'WE HUB - Women Acceleration' programme as chief guest here, the Chief Minister said that the performance of SHGs in the state is a guiding force for the empowerment of women in the country.
Stating that the State government envisaged plans to transform one crore women into millionaires, the Chief Minister said that the government would soon allocate additional 1,000 MW of solar power projects to women. 'The government has already handed over 1,000 MW of solar power generation projects. We are now ready to award another 1,000 MW of solar power generation works to the women groups if they manage efficiently,' he said.
According to him, women are being encouraged in a big way to become entrepreneurs. 'The government is promoting SHGs as a strong business community. Apart from solar projects, we also allocated petrol pumps to them. Our objective is to empower women to compete with Adani and Ambani in green power generation,' he said.
Revanth Reddy further said that the women groups were also part of the management of government schools like Amma Adarsh Schools. The works of stitching students' uniforms were also awarded to women groups. To promote the products manufactured by the women groups, the government opened stalls at Shilparamam in Hyderabad, he added.
Stating that the Congress party never underestimated the power of the women community, the CM said that former Prime Minister India Gandhi displayed the might of women during India-China and India - Pakistan wars.
India's victory in the wars is the result of invincible women's competence. The government in Telangana has been organising a slew of programmes for women's empowerment, he explained.
Instructing the authorities to organise a special drive to include women in urban areas in self-help groups, Revanth Reddy said that the government was also presenting the gifts which are produced by the women groups to the foreign delegates and other guests during their visit to Telangana. 'My government 's policy is to promote the women community and empower them, " he said.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Time of India

29 minutes ago

• Time of India

During Janta Darshan, UP CM Yogi Adityanath helps get girl enrolled in school

CM Yogi holds Janta Darbar LUCKNOW: Uttar Pradesh Chief Minister Adiyanath Yogi organised a 'Janta Darshan' in Lucknow on Monday. At the Janta Darshan, a young girl named Vashi requested the CM to help get her enrolled in school. The CM interacted with her, asking which school she wanted to go to and which class she wanted to enrol in. He later instructed the officials to get the young girl enrolled in her desired school. Vashi, who met CM Yogi Adityanath , narrated the entire interaction and said, "I met Yogi ji. I asked him to enrol me in a school. He said he would do it." "I have come from Moradabad. He gave me a biscuit and chocolate", Vashi added further. Since Yogi Adityanath became the CM of Uttar Pradesh, he frequently organises 'Janta Darshan', where he listens to the grievances of people and solves them. Earlier, CM Yogi inaugurated the 91.35 km long Gorakhpur Link Expressway built for Rs 7,283 crore, connecting several districts to Gorakhpur, including Azamgarh. The CM said that the new Uttar Pradesh of the new India is making its new identity as the "expressway state." Addressing a gathering, Chief Minister Yogi said, "The new Uttar Pradesh of the new India is making its new identity as the 'express-way state. "The inauguration of the 91.35 km long Gorakhpur Link Expressway is a historic moment for eastern Uttar Pradesh. Under the able leadership of Prime Minister Narendra Modi , Uttar Pradesh is taking new heights of development, confidence and glory with the largest expressway network in the country," said CM Yogi. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Your Finger Shape Says a Lot About Your Personality, Read Now Tips and Tricks Undo Critising the previous state government, CM Yogi Adityanath said that the work of the Agra-Lucknow Expressway was half done, but during his tenure, projects related to six expressways in the state have been completed. "The work on the Agra Lucknow Expressway was half done. Today, I am happy to tell you that we have completed six projects. You are witnessing the journey of the Purvanchal Expressway. We have been continuously building it since 2021. In 2022, the Bundelkhand Expressway was started. It is 300 km long. The 340 km long Purvanchal Expressway has already been completed, and its connectivity to Patna is about to be completed. Now remember how easy the connectivity from Patna to Lucknow and Lucknow to Delhi will become", CM Yogi said. He stated that the 340 km-long Purvanchal Expressway is about to extend its connectivity to Patna. He called freedom fighter Veer Kunwar Singh and said that if the Purvanchal Expressway had been built in 1857, India would have become independent at that time. "When Veer Kunwar Singh, the hero of the first war of independence in 1857, fought the British till Azamgarh to defeat them, there was no connectivity. If this Purvanchal Expressway had been there at that time, the people of Azamgarh would have beaten the British along with Veer Kunwar Singh, and then this country would have become independent in 1857 itself. There was no connectivity at that time", he added.

News18

32 minutes ago

• News18

Influx Healthtech IPO Allotment: A Step-By-Step Guide To Check Status Online Today, Know Latest GMP

Last Updated: According to market observers, the GMP of the Influx Healthtech IPO is 22.92%, indicating decent listing gains for investors. Influx Healthtech IPO Allotment: The initial public offering of Influx Healthtech has received a whopping 201.35 times subscription, indicating huge interest from investors. Investors are now eagerly awaiting its allotment even its latest GMP shows a strong 22.92% listing gains. The allotment of the Influx Healthtech IPO is expected to be finalised today, Monday, June 23, in the evening. Once the IPO allotment is finalised, investors will start receiving bank debit messages, most probably in the evening. They can also check their allotment status on the websites of the NSE as well as registrar Maashitla Securities Private Limited. The allotment is expected to be finalised in the evening today, Friday, June 20. The allotment status can be checked by following these steps: Step 1: Visit Maashitla Securities' portal — Step 2: Under 'Select Company', choose 'Influx Healthtech Ltd'. Importantly, if the company's name is not visible in the drop-down list, it means the allotment has not been finalised yet. According to market observers, the GMP of the Influx Healthtech IPO is 22.92%, indicating decent listing gains for investors. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Influx Healthtech IPO Listing Date The shares of Influx Healthtech Ltd will be listed on the NSE Emerge on June 25. The Influx Healthtech IPO was open for subscription between June 18 and June 20. It is a book-built issue worth Rs 58.57 crore, comprising a fresh issue of 50 lakh equity shares worth Rs 48 crore and an offer for sale of 11 lakh shares aggregating to Rs 10.56 crore. On the final day of bidding on Friday, the SME IPO received an overwhelming 201.35 times subscription, garnering bids for 81,71,71,200 shares as against 40,58,400 shares on offer. The retail and NII participation stood at 117.68 times and 481.10 times, respectively. Its qualified institutional buyer (QIB) category got a 137.87 times subscription. The price of the Influx Healthtech IPO was fixed at Rs 96 apiece. Influx Healthtech Ltd's revenue increased 5% and its profit after tax (PAT) rose 19% between the financial year ending with March 31, 2025, and March 31, 2024. Rarever Financial Advisors Pvt Ltd is the book-running lead manager of the Influx Healthtech IPO, while Maashitla Securities Private Limited is the registrar for the issue. The market maker for Influx Healthtech IPO is R K Stock Holding Private Limited. Influx Healthtech Ltd, founded in September 2020, is a healthcare-focused CDMO with three manufacturing units in Thane, producing tablets, capsules, powders, liquid orals, and softgels.

India.com

35 minutes ago

• India.com

Good news for Anil Ambani, another company settles Rs 2730000000 loan of…, with…

Anil Ambani was already in the news for settling down the debt of his many companies. Now once again it has settled the debt with another company. In a recent exchange filing it stated that it has fully settled a Rs 273-crore loan, including interest, owed by its wholly owned subsidiary JR Toll Road Pvt Ltd (JRTR) to Yes Bank Ltd. It stated, '' A wholly owned subsidiary of the Company (along with the Company as Corporate Guarantor), has entered into an addendum to the Settlement Agreement today with Yes Bank Limited (YBL) for the entire outstanding debt obligation of ~INR 273 crore (including interest) owed by JRTR to YBL, and has duly paid the entire settlement amount.'' Anil Ambani Company Debt Reduction Debt reduction has become a primary focus for Anil Ambani. Reliance Infrastructure: Paid off Rs 3,300 crore of debt in FY 2025, becoming debt-free. Rosa Power Supply Company: Cleared Rs 485 crore of debt, achieving debt-free status. Reliance Power: Settled a loan of Rs 3,872 crore earlier. JR Toll Road Pvt Ltd, a special purpose vehicle established by Reliance Infrastructure, is responsible for the development, operation, and maintenance of a 52-kilometer segment of National Highway 11, connecting Jaipur and Reengus in Rajasthan. The project was executed under the Design-Build-Finance-Operate-Transfer (DBFOT) model, featuring a highway expansion from four to six lanes. Operations commenced in 2013, coinciding with the start of toll collection.