# Telangana CM Targets Millionaire Status for One Crore Women by 2034 Revanth Reddy aims to empower self-help groups through entrepreneurship and industrial participation. - **Source:** [The Hindu – National](https://www.thehindu.com/news/national) - **Published:** 2026-11-08 - **Topic:** [politics](https://brifing.si/c/politics) - **Original article:** - **On Brifing:** https://brifing.si/s/415f6e67-36c9-4585-9255-52571f44af7b ## Ambitious Economic Vision Telangana Chief Minister A. Revanth Reddy announced a strategic goal to transform one crore women into millionaires by 2034. Speaking at the Lagacharla Industrial Hub on November 8, 2026, he emphasized that strengthening self-help groups is central to this vision. Currently, nearly 70 lakh women are already active members within these groups. ## Diversifying Economic Roles The government is actively integrating women into various industrial sectors beyond traditional roles. Current initiatives include managing petrol bunks, participating in solar power generation, and operating Indiramma canteens in government offices. These diverse business activities are reportedly generating annual revenues ranging between ₹15 crore and ₹20 crore for the participating groups. ## Financial Support Mechanisms To facilitate this transition toward entrepreneurship, the state government has extended bank-linkage loans totaling ₹79,000 crore over the past 34 months. Minister for Women and Child Welfare Danasari Anasuya is leading these efforts to bolster the movement. The administration aims to move women from welfare dependence toward becoming independent industrial stakeholders. ## Welfare and Infrastructure The government continues to provide essential social safety nets alongside economic empowerment programs. On November 8, 2026, officials sanctioned 4.5 lakh new pensions, specifically targeting single women and widows. Additionally, the state supports women through free electricity up to 200 units and free travel on RTC buses for 37 lakh daily commuters. ## Focus on Education Chief Minister Reddy urged women to prioritize higher education for their daughters to break cycles of hardship. He emphasized that education remains the primary tool for long-term transformation and social mobility. He requested a personal commitment from the attendees to ensure their children receive advanced schooling, viewing it as a vital investment. ## Political Context During the event, the Chief Minister criticized the BRS leadership, specifically targeting K.T. Rama Rao regarding his record on women's empowerment. He encouraged the audience to hold previous administrations accountable for their ten-year tenure. This rhetoric highlights the ongoing political rivalry regarding who better serves the interests of the state's women. ## Operational Implementation The state has assigned specific contracts to self-help groups, such as stitching uniforms for government school students, to ensure steady income streams. By formalizing these roles, the government intends to stabilize household finances. Officials believe that when women control financial decisions, the overall prosperity of the family and the state increases significantly. ## Future Outlook The success of this initiative depends on scaling current pilot programs to reach the one crore target by 2034. While the government provides the necessary financial infrastructure and policy support, the long-term impact will be measured by the ability of these women to sustain profitable businesses in competitive industrial and commercial markets. ## Sources covering this story - https://www.thehindu.com/news/national/telangana/revanth-sets-target-of-making-one-crore-women-millionaires-by-2034/article71680974.ece — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._