Telangana targets 1 crore women millionaires by 2034, CM Revanth Reddy unveils sweeping empowerment push

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Telangana targets 1 crore women millionaires by 2034, CM Revanth Reddy unveils sweeping empowerment push

Synopsis

Telangana's CM Revanth Reddy didn't just announce a welfare measure — he outlined a structural economic reboot for women, from running bus fleets and rice mills to solar plants and retail chains. The one-crore-millionaires-by-2034 target is a political statement as much as a policy goal, and the ₹60,472 crore in SHG loans already disbursed suggests this is more than rhetoric.

Key Takeaways

Revanth Reddy announced a plan to create one crore women millionaires by 2034 .
553 buses owned by women's self-help groups to be flagged off at Parade Grounds on 5 June ; total plan covers 1,000 buses leased to the RTC.
Bank-linkage loan limit for women's SHGs doubled from ₹5 lakh to ₹10 lakh .
Foundation stone laid for 8,000 Indira Gandhi Stree Shakti Bhavans across Telangana.
Government has facilitated ₹60,472 crore in SHG bank-linkage loans and disbursed ₹1,390 crore in interest-free loans.
Plans include 1,000 MW of women-run solar plants, Mahila Shakti Super Bazaars , and SHG entry into petrol pump and food-grain procurement sectors.

Telangana Chief Minister A. Revanth Reddy on Monday, 25 May announced an ambitious plan to elevate one crore women to millionaire status by 2034, unveiling a comprehensive package of economic empowerment measures at Hyderabad. The announcements span transport, banking, retail, energy, and food procurement — positioning women's self-help groups as full-scale business operators rather than subsistence-level earners.

Key Announcements

Chief Minister Revanth Reddy declared that 553 buses owned by women's self-help groups will be flagged off at Parade Grounds on 5 June. This is part of a broader plan to facilitate the purchase of 1,000 buses through women's self-help groups, which will subsequently be leased to the state's Road Transport Corporation (RTC).

The bank-linkage loan limit for women's self-help groups is being doubled — raised from ₹5 lakh to ₹10 lakh. The government has already facilitated bank-linkage loans totalling ₹60,472 crore for women's groups and disbursed ₹1,390 crore under interest-free loan schemes.

Indira Gandhi Stree Shakti Bhavans and Infrastructure

The Chief Minister virtually laid the foundation stone for 8,000 Indira Gandhi Stree Shakti Bhavans — Women's Empowerment Centres — to be established across the state. These centres are intended to serve as hubs for organising, training, and scaling up women-led enterprises at the grassroots level.

Additionally, a scheme to set up rice mills, warehouses at the mandal level, and logistics parks run by women's groups has been launched, with the stated objective of integrating women's collectives into the full food-grain supply chain — from paddy procurement to milling and supply to the government.

Mahila Shakti Super Bazaars and Energy

The government has announced plans to establish Mahila Shakti Super Bazaars, modelled on corporate retail chains, to be run by women's self-help groups. The state has said it will lease land at concessional rates in urban areas for these outlets and will itself act as a stakeholder, ensuring that quality agricultural produce, organic goods, and daily essentials reach consumers directly from farmers.

In the energy sector, women's groups are to be involved in setting up 1,000 megawatts of solar energy plants, directly competing with large corporations. Women's groups have also been made partners in the petrol pump business sector, further broadening the scope of economic participation.

Free Travel Scheme and Financial Outlay

Revanth Reddy recalled that within two days of assuming office, the government had introduced free travel for women on RTC buses, under which the state has so far reimbursed the RTC approximately ₹10,000 crore. He urged women's groups to move beyond small-scale livelihood activities and venture into larger businesses, describing 'Mahila Shakti' as a model the entire nation should emulate.

Deputy Chief Minister Mallu Bhatti Vikramarka, ministers Seethakka, Sridhar Babu, and Ponguleti Srinivas Reddy, Rajya Sabha member Vem Narender Reddy, and Government Advisor Harkara Venugopal were among those present. The full implementation timeline for several schemes is yet to be detailed.

Point of View

And like most such targets in Indian policy, it will be judged by what gets measured and how. The shift from welfare — free bus rides, small loans — toward productive ownership of buses, mills, solar plants, and retail chains is a meaningful conceptual pivot, but execution across 8,000 Stree Shakti Bhavans in a state still managing fiscal pressures will be the real test. The ₹10,000 crore already reimbursed to the RTC for free travel shows fiscal commitment, but also signals the scale of subsidy the state is already carrying. Whether women's groups can genuinely compete with corporate retail and energy firms — or whether these become paper partnerships — will define whether this is transformative policy or well-packaged optics ahead of the next election cycle.
NationPress
12 Aug 2026

Frequently Asked Questions

What is Telangana's plan to create one crore women millionaires by 2034?
Chief Minister A. Revanth Reddy announced on 25 May that the Telangana government aims to elevate one crore women to millionaire status by 2034 through a package of measures including expanded SHG loans, women-owned bus fleets, solar energy plants, retail chains, and food-grain procurement roles. The plan positions women's self-help groups as large-scale business operators across multiple sectors.
What is the new bank loan limit for women's self-help groups in Telangana?
The Telangana government has doubled the bank-linkage loan limit for women's self-help groups from ₹5 lakh to ₹10 lakh. The state has already facilitated ₹60,472 crore in such loans and disbursed ₹1,390 crore under interest-free loan schemes.
What are Indira Gandhi Stree Shakti Bhavans?
Indira Gandhi Stree Shakti Bhavans are Women's Empowerment Centres whose foundation stone was virtually laid by CM Revanth Reddy on 25 May. A total of 8,000 such centres are to be established across Telangana to serve as hubs for organising and scaling women-led enterprises.
What are Mahila Shakti Super Bazaars?
Mahila Shakti Super Bazaars are planned retail outlets modelled on corporate retail chains, to be established and run by women's self-help groups. The Telangana government has said it will lease urban land at concessional rates and act as a stakeholder, channelling agricultural produce and daily essentials directly from farmers to consumers.
How much has Telangana spent on free bus travel for women?
The Telangana government has reimbursed the state Road Transport Corporation approximately ₹10,000 crore under its free travel scheme for women on RTC buses, a scheme introduced within two days of the current government assuming office, according to CM Revanth Reddy.
Nation Press
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