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YSR urges CM to sanction revolving fund to DWCRA groups

By Our Special Correspondent

HYDERABAD July 11. Leader of the Opposition, Y.S.Rajasekhara Reddy, has appealed to the Chief Minister, N.Chandrababu Naidu, to sanction revolving fund to all DWCRA groups, which have completed six months' tenure and provide marketing facilities to their products. All loans should be rescheduled in view of the severe drought and all pending bills of the Mid-Day Meal Scheme must also be cleared immediately, he demanded.

After interacting with the members of some DWCRA groups who met him on Friday, Dr.Rajasekhara Reddy in a letter to the Chief Minister said the latter was making tall claims at different fora on women's empowerment and his contribution to it. Sadly, in practice, the Government is cheating them in every area and making false promises.

Dr.Reddy said that out of the 4,27,678 DWCRA groups formed between 1999-2002, the number of those that crossed the first stage was 2,68,598 while 1,58,794 had become eligible for revolving fund having crossed the second stage.

But, only 28,952 groups had been sanctioned the revolving fund as pointed out by the CAG. During the Budget Session of the Assembly, the Minister concerned had stated that 86,844 groups were still to be sanctioned the fund and promised to release the money shortly.

Dr. Rajasekhara Reddy recalled the TDP manifesto of 1999 which promised revolving fund to all groups, which had completed six months of functioning and asked the Chief Minister whether denial of the facility did not amount to making a mockery of the programme.

Another hardship heaped on those groups was holding back the funds earmarked for mid-day meal programme for the past six months. He asked the Chief Minister to ensure higher interest rate on the savings of the groups which stood at just 3 per cent as of now instead of the 15 per cent being charged on the loans extended to them.

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