Subhadra Yojana, launched by Prime Minister Narendra Modi on his birthday i.e. September 17, 2024, is a groundbreaking initiative by the Government of Odisha aimed at empowering over 1 crore women between the ages of 21 to 60. Named after Goddess Subhadra, this scheme provides financial assistance of ₹50,000 over a five-year period to eligible beneficiaries, with funds directly transferred to their bank accounts in bi-annual installments of ₹10,000.
Subhadra scheme is the largest, single women-centric scheme and is expected to cover more than 1 crore women. Under the scheme, all eligible beneficiaries between the age of 21-60 years would receive Rs. 50,000/- over a period of 5 years between 2024-25 to 2028-29
An amount of ₹10,000 per annum in two equal instalments will be credited directly to the bank accounts of the beneficiaries. As many as 76 lakh women have so far registered in the scheme.
During the programme, over ₹1,250 crore was transferred to the bank accounts of more than 25 lakh women beneficiaries under the Subhadra scheme.