The zero interest loan scheme was was launched by Chief Minister YS Jagan Mohan Reddy on Friday.
So it is an unique schemes where about 1,400 crore was directly credited to 8.78 lakh SHGs which is said to benefit 91 lakh women with such a move.
This is done as the sum of money will help the women in a time of crisis.
The scheme was previously formulated by YS Rajasekhara Reddy who was then the Chief Minister but now the scheme is revived back.
Even in the time of crisis this was done as it will help the mothers and children and the utmost priority is the welfare of them said the chief Minister YS Jagan Mohan Reddy.