Bhubaneswar: The Odisha government is all set to release first instalment of Subhadra Yojana in the second phase of disbursement on Wednesday.
The financial assistance of Rs 5,000 is likely to be transferred to the bank accounts of the beneficiaries by 12 noon. A mega event has been organised at Baripada where Chief Minister Mohan Charan Majhi is set to release the second phase payment under the scheme aimed at empowering women.
As per Deputy Chief Minister Pravati Parida, more than one crore beneficiaries have already registered for the state government’s flagship scheme so far. Over 35 lakh women who have received NPCI clearance will receive the second phase of the first instalment under the scheme by 12 noon on Wednesday, she has said.
Women who were excluded from the first phase of the disbursement due to various reasons will now be included in the second phase after necessary verifications. Those who had successfully submitted applications by October 7 will receive the amount in their bank accounts on October 9.
Notably, Prime Minister Narendra Modi had launched the scheme on his birthday on September 17. On that day, as many as 2500011 women received Rs 5,000 in their bank accounts.
More than 1 crore women across the state will be benefited under the scheme. The beneficiaries will receive Rs 10,000 in their bank accounts in two instalments in a year under the scheme. The money will be credited to the bank accounts of the beneficiaries on the occasion of Raksha Bandhan and International Women’s Day (March 8). They will get Rs 50,000 in five years under Subhadra Yojana.
The scheme is being implemented within 2024-25 and 2028-29 financial years. The state government has made an outlay of Rs 55, 825 crore for this purpose.