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Naidu Inaugurates SARAS Mela in Guntur, Launches Major Credit Push for SHG Entrepreneurship

The marketplace became a platform to channel new funding toward the ‘One family, one entrepreneur’ goal.

Overview

  • At the January 8 inauguration, N. Chandrababu Naidu urged Self-Help Group members to become entrepreneurs and asked Union ministers Pemmasani Chandra Sekhar and Kondapalli Srinivas to support the drive.
  • He handed over ₹1,375 crore from Stree Nidhi to SHGs and sanctioned ₹2,171 crore in loans through the Society for Elimination of Rural Poverty.
  • He reported that DWCRA women borrowed ₹46,590 crore from banks during FY25.
  • He cited 1.13 crore DWCRA members mobilising ₹26,000 crore with a ₹5,200 crore corpus and noted that 93,000 women have become micro and MSME entrepreneurs.
  • The fair in Guntur, described as a “mini India,” showcased SHG-made products from across India to strengthen branding and market linkages for handicrafts, handlooms and local foods.