State Minister for IKP, SHGs and Child Welfare V Sunitha Laxmas Reddy today told the State Assembly the Shree Nidhi Cooperative Credit Society has been formed with equal share capital from Mandal Samakyas and Government to address the issue of credit gap being experienced by Self Help Groups (SHP) by providing easy loans at Pavala Vaddi. The Minister, during the question hour, said the loans were being sanctioned to the women through Nidhi Scheme. As against the authorised share capital of Rs 500 crore, as on date an amount of Rs 75 crore share capital had been mobilised, she added. UNI
