One Family, One Entrepreneur’ Scheme Enables 1,000 Women to Lead in Andhra Pradesh

Speedy Summary

• The Andhra Pradesh government,under its “One Family,One Entrepreneur” mission,has partnered wiht ride-sharing platform Rapido to empower women Self-Help Groups (SHGs) as micro-entrepreneurs.
• Launched by Chief Minister N. Chandrababu Naidu on march 8, the scheme provides SHG women access to loans for electric scooters and autorickshaws via banks under the Self-Employment Program (SEP).
• Electric vehicles reduce fuel and maintenance costs, allowing participants to save ₹13,000-₹16,000 monthly.
• In the pilot phase:

– Loans were facilitated for over 1,000 beneficiaries across urban centers in Andhra Pradesh.
– Vehicles distributed: 760 electric two-wheelers and 240 electric three-wheelers.
– Rapido waived onboarding fees for new drivers for up to four months and assisted with monthly EMI payments of ₹1,000 during the first year.

• Participation Statistics:

– Total number benefiting: Over 1,003 families as of now.- Registrations on Rapido platform: about 688 drivers reported operationally active so far.
Plans forward/government’s chairman-Minister HR Lokesh’ confirmed Institutional curated road map where state scaling-up extending Goals aims ambitions ahead upto4k notices.