Bhubaneswar: Odisha’s Deputy Chief Minister Pravati Parida on Tuesday met Prime Minister Narendra Modi in New Delhi ahead of the release of the 5th installment of the Subhadra scheme on August 28.
Parida, who also holds Women and Child Development portfolio, apprised the Prime Minister of the preparations for the disbursement of the 5th installment of Subhadra money to be released on the occasion of Rakhi Purnima, from Nayagada.
The government will release Rs 5,000 to each eligible beneficiary through Direct Benefit Transfer (DBT). As per the latest preparations, 1,03,26,162 eligible women beneficiaries are set to receive the installment, involving a total transfer of more than Rs 5,160 crore.
Parida highlighted the steps being taken by the state government to ensure seamless and timely transfer of the assistance to all eligible beneficiaries. Particular emphasis has been laid on beneficiary verification, e-KYC, Aadhaar-linked bank accounts, NPCI mapping and other banking arrangements to ensure that the financial assistance reaches beneficiaries without delay.
The Deputy CM also briefed the Prime Minister about the significance of the Subhadra scheme in furthering the state government’s commitment to the economic empowerment and financial inclusion of women across Odisha.
It may be recalled that Modi had launched the Subhadra scheme in Odisha on September 17, 2024. The flagship women-centric scheme aims to provide financial assistance of Rs 50,000 to eligible women over a period of five years, with Rs 10,000 being provided annually in two equal installments of Rs 5,000 each through DBT.