₹10 Lakh Insurance for Every SHG Woman in Telangana: Seethakka Announces Major Relief for Self-Help Groups

₹10 lakh insurance for every SHG woman in Telangana has been announced by Minister Seethakka, providing major financial security to women members of Self-Help Groups (SHGs). The Accident Insurance Scheme offers ₹10 lakh coverage in case of accidental death, bringing strong support to thousands of rural families.

The announcement highlights the Telangana government’s continued focus on women empowerment and financial protection for SHG women across the state.

₹10 Lakh Accident Insurance for SHG Women

Minister Seethakka stated that under the Accident Insurance Scheme, every female member of a Self-Help Group receives:

• ₹10 lakh insurance coverage
• Applicable in cases of accidental death
• Direct financial support to the family

Since the scheme was launched in 2024:

• 231 insurance claims have been settled
• A total of ₹23.1 crore has been disbursed to beneficiary families

The Minister said the scheme provides much-needed relief during unexpected tragedies.

Loan Insurance Scheme Offers Additional ₹2 Lakh Protection

Apart from the accident insurance, Telangana is also implementing a Loan Insurance Scheme for SHG women.

Key Features:

• Up to ₹2 lakh coverage for outstanding bank loans
• Applicable to loans taken by female SHG members
• Reduces financial burden on families

So far:

• 2,993 claims have been processed
• Government has paid ₹223.7 crore under the scheme

This initiative ensures that families are not left with heavy debt in difficult situations.

Boost to Women Empowerment in Telangana

Minister Seethakka said that the ₹10 lakh insurance for every SHG woman has strengthened women’s confidence across Telangana.

She noted that:

• Many SHG groups have regained strength
• New members are joining women’s groups
• Women are expanding small businesses confidently
• Financial security has improved rural livelihoods

The insurance coverage has encouraged women to take bold steps in entrepreneurship and income generation.

Telangana Government’s Commitment to SHG Women

The Minister emphasized that women’s empowerment remains a top priority for the state government. She said the development of women is directly linked to the overall development of Telangana.

The ₹10 lakh insurance for every SHG woman in Telangana reflects the government’s long-term vision to create financial security and social stability for rural women.

Munsif News 24×7 will continue to provide updates on Telangana SHG schemes, women empowerment programs, and welfare initiatives across the state.

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