Kiran Kumar, Chief Minister of Hyderabad named Sree Nidhi Credit Cooperative society as one of agents which would help Andhra Pradesh achieve a target of 10 per cent growth.
He was speaking at National Development Council meet in N Delhi
Sree Nidhi Credit Cooperative is women-owned, women-operated micro finance
System and is making huge change in the lives of people in many areas of Andhra Pradesh.
The corresponding sectoral growth targets would be 6 per cent for agriculture, 10.5 per cent for industry and 11.5 per cent for services, Reddy said.
Earlier, Reddy, Chief Minister of Andhra has pitched for increase in the interest subvention to cooperative societies in the state from 1.5 per cent to 2 per cent.