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The United Progressive Alliance chairperson Sonia Gandhi on Thursday launched an interesting scheme of the Andhra Pradesh government to make 1 crore (10 million) women in the state a millionaire in next five years. Under this Indira Kranthi Pratham Scheme the women's self-help groups will be provided loans of Rs 1 lakh crore (Rs 1 trillion) at the interest rate of 3 per cent per annum through linkages with various banks. The state government has set the target of 2013-14 to achieve the goal.
The United Progressive Alliance chairperson Sonia Gandhi on Thursday launched an interesting scheme of the Andhra Pradesh government to make 1 crore (10 million) women in the state a millionaire in next five years. Under this Indira Kranthi Pratham Scheme the women's self-help groups will be provided loans of Rs 1 lakh crore (Rs 1 trillion) at the interest rate of 3 per cent per annum through linkages with various banks. The state government has set the target of 2013-14 to achieve the goal.