Govt. failed SHG women on interest subvention on loans, alleges Jagan (opens original article in a new tab)

YSRCP leader Y.S. Jagan Mohan Reddy accused the TDP-led government of failing to deliver on interest subvention for SHG loans, leading to financial losses for women borrowers.

• YSRCP president Y.S. Jagan Mohan Reddy accused the TDP-led NDA government of failing to provide interest subvention for SHG loans, depriving women of ₹6,000 crore over two years.
• He claimed SHG credit growth declined from ₹49,696 crore in 2023-24 to ₹41,105 crore in 2025-26 due to lack of government support.
• The YSRCP alleged the TDP-JSP alliance did not expand the interest subvention scheme or release funds budgeted for 2025-26 and 2026-27.