Subhadra Yojana: Those yet to receive 1st installment to get it by March 8
Published By : Prameya News Bureau | September 25, 2024 3:24 PM
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Bhubaneswar, Sep 25: Odisha Deputy Chief Minister Pravati Parida on Wednesday said that the Subhadra Yojana beneficiaries who are yet to receive the first installment will get it by March 8 (International Women’s Day).
With the launch of the scheme by Prime Minister Narendra Modi on September 17, the state government transferred Rs 5000 to the bank accounts of 25.11 lakh beneficiaries under the scheme.
“As many as 92 lakh women have applied for the Subhadra scheme and the first installment has been disbursed to 25.11 lakh beneficiaries. The number will reach to 1 crore in a week,” said Parida.
“The beneficiaries, who have not received the first installment yet, need not worry as it will be credited to their bank accounts by March 8,” she said.
Parida, however, assured that all the beneficiaries would receive the second installment on the same day that is International Women’s Day.
The scheme has been designed to provide assistance to over 1 crore women aged between 21 to 60 years.
Each eligible woman enrolled in the scheme is entitled to receive a total sum of Rs 50,000 over a span of five years, starting from the fiscal year 2024-25.
The transfers will be made in two instalments of Rs 5,000 each, on two significant occasions annually. The first instalment will be on Rakhi Purnima (Raksha Bandhan) and the second instalment will be on International Women’s Day.
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