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News » India News » PM Modi in Odisha today to launch ‘Subhadra Yojana’: Benefits, eligibility of scheme

India News

PM Modi in Odisha today to launch ‘Subhadra Yojana’: Benefits, eligibility of scheme

NM Desk
Last updated: 17 September, 2024 9:31 AM
NM Desk
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PM Modi in Odisha today to launch ‘Subhadra Yojana’: Benefits, eligibility of scheme

New Delhi: Prime Minister Narendra Modi is set to visit Odisha today to launch social welfare scheme for women, ‘Subhadra Yojana’, and also inaugurate several infrastructure projects. ‘Subhadra Yojana’, the financial assistance scheme of the newly-formed BJP-led state government, was one of the major promises made by the party in its election manifesto in Odisha. The women-centric scheme is named after Goddess Subhadra — the sister of Lord Jagannath.

PM Modi is visiting Odisha for the first time following the swearing-in ceremony of Chief Minister Mohan Charan Majhi on June 12. The Prime Minister will arrive at the Biju Patnaik International Airport at 10.50 am. He will reach Janata Maidan around 12 pm to launch the Subhadra Yojana. Meanwhile, security has been heightened in the state’s capital for Prime Minister’s day-long visit with 3,000 police personnel, including 500 officers, being deployed.

All about Subhadra Yojana: Benefits, eligibility

Under the Subhadra welfare scheme, poor women will get financial assistance of Rs 50,000 over a period of five years. The beneficiaries will be provided Rs 10,000 every year in two instalments for a period of five years between financial years 2024-25 to 2028-29. At least 1 crore women will get the financial assistance under the scheme.

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The eligible beneficiaries will receive the first instalment of financial assistance on September 17, coinciding with the launch of the scheme by Prime Minister Modi. The instalments will be credited directly to the beneficiary’s Aadhaar-enabled and DBT-enabled bank account. On Tuesday, Prime Minister Modi would initiate the fund transfer into the bank accounts of more than 10 lakh women.

Women between the age group of 21 to 60 are eligible to receive benefits of the scheme. The registration for the Subhadra Yojana started on September 1.

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