Bhubaneswar: The Odisha government has announced the fifth phase of the first installment of Subhadra Yojana. The office of the Chief Minister informed that the fifth phase money will be disbursed on March 6, while the second installment will be credited on March 8, coinciding with International Women’s Day.
The second instalment is expected to benefit over 1 crore beneficiaries, providing them with financial assistance to support their economic empowerment. The Subhadra Yojana is a flagship programme launched by the Odisha government to provide direct financial assistance to women from economically weaker sections.
Under the scheme, eligible women aged 21 to 60 years receive Rs 50,000 over five years, disbursed in annual installments of Rs 10,000. The government has set up a total budget of Rs 55,825 crore for the implementation of the scheme.
The Subhadra Yojana has already benefited over 18 lakh women in its fourth phase, with the government disbursing Rs 900 crore.