Subhadra Yojana is a pioneering women-centric welfare initiative launched by the Government of Odisha on September 17, 2024, to empower women aged 21 to 60 through direct financial assistance. Each eligible beneficiary will receive a total of ₹50,000 over five years, disbursed in two annual installments of ₹5,000 each on Raksha Bandhan and International Women’s Day. The scheme, named after Goddess Subhadra, Lord Jagannath’s sister, holds cultural significance in the state and reflects the government’s commitment to women’s empowerment. With a budget allocation of ₹55,825 crore, Subhadra Yojana is expected to contribute significantly to Odisha’s economy by enhancing women’s financial independence and promoting entrepreneurship.
Latest Information on Subhadra Yojana
- Subhadra Yojana: The ambitious scheme launched by the new BJP government in Odisha aims to provide financial assistance to women in the state.
- Currently, around 92 lakh women have applied for the Subhadra Yojana scheme.
- The first installment of the scheme has been disbursed to 25.11 lakh beneficiaries, and the number is expected to reach one crore within a week.
- Odisha Deputy Chief Minister Pravati Parida assured that those who have yet to receive the first installment need not worry, as it will be credited to their bank accounts by March 8.
- The delay in disbursing the first installment is due to the online mode of transfer, which takes time to process.
- All the beneficiaries will receive the second installment on International Women’s Day (March 8).
- The four slabs to reach the beneficiaries of Subhadra Yojana will be finalized soon to ensure that all eligible women receive assistance.
- Parida clarified that all eligible beneficiaries, except taxpayers, will receive financial assistance under the Subhadra Yojana scheme.
- The Deputy Chief Minister assured that all the beneficiaries will eventually receive financial assistance under the Subhadra Yojana scheme.
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Second Installment of Subhadra Yojana
The Government of Odisha has announced the disbursement of the second installment of Subhadra Yojana on March 8th, 2024. The date coincides with International Women’s Day, a fitting celebration of the scheme’s commitment to women’s empowerment.
The second installment will be credited directly to the bank accounts of eligible beneficiaries, ensuring a smooth and efficient process. The government has also assured that those who have not received the first installment can claim it by the same date.
Eligibility Criteria for Subhadra Yojana
To qualify for the Subhadra Yojana, applicants must meet specific requirements:
- Women must be aged between 21 to 60 years.
- Applicants should be residents of Odisha for at least five years.
- The annual family income should not exceed ₹2.5 lakh. Women receiving more than ₹1,500 per month from any government scheme are also ineligible.
- Families owning more than 5 acres of irrigated or 10 acres of non-irrigated land are disqualified.
- Employment: Women who are government employees or receive pensions are not eligible. However, workers like ASHA and Anganwadi workers can apply if they meet other criteria.
Eligible women must apply through the official Subhadra portal or submit their applications at designated centers like Mo Seva Kendras or Anganwadi centers.
Benefits of Subhadra Yojana
The Subhadra Yojana offers substantial financial support to eligible women:
- Each beneficiary will receive a total of ₹50,000 over five years, which translates to ₹10,000 per year.
- The amount will be disbursed in two equal installments of ₹5,000 each year. The first installment will be paid on Raksha Bandhan, and the second will be paid on International Women’s Day (March 8).
- Beneficiaries will also receive a Subhadra Card (ATM-cum-Debit Card) to facilitate easy access to their funds.
This financial assistance aims to improve women’s economic status and give them a sense of identity and empowerment.
Details of the First Installment
The first installment of ₹5,000 was launched on September 17, 2024. On this day, Prime Minister Narendra Modi inaugurated the scheme in Bhubaneswar. Over 10 lakh women received their payments on this occasion, marking a significant step towards financial inclusion for women in Odisha.
The funds are directly transferred to the bank accounts linked with the beneficiaries’ Aadhaar numbers. This ensures transparency and efficiency when disbursing financial aid.
Impact of Subhadra Yojana
The Subhadra Yojana is expected to have a profound impact on women’s lives in Odisha:
- The scheme aims to enhance women’s independence and reduce their reliance on male family members by providing regular financial support.
- The initiative encourages women to take control of their finances and make decisions that affect their lives positively.
- As women become financially independent, they can contribute more effectively to their families and communities, thus boosting local economies.
- The scheme promotes gender equality by recognizing women’s rights to financial resources and household decision-making power.
Conclusion
Subhadra Yojana is a testament to the Government of Odisha’s commitment to women’s empowerment and social welfare. By providing financial assistance to those in need, the scheme helps to create a more equitable society where women can thrive and achieve their full potential. As the second installment is disbursed on International Women’s Day, it serves as a reminder of the progress made and the work still to be done in ensuring gender equality and justice for all.