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Odisha Govt Disburses ₹5,000 Crore Under Subhadra Yojana on Women’s Day

Written by: Team Angel OneUpdated on: Mar 10, 2025, 2:56 PM IST
Odisha Chief Minister Mohan Charan Majhi disbursed over ₹5,000 crore to 1.18 crore women beneficiaries under the Subhadra Yojana on March 8, 2025.
Odisha Govt Disburses ₹5,000 Crore Under Subhadra Yojana on Women’s Day
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On March 8, 2025, coinciding with International Women’s Day, Odisha Chief Minister Mohan Charan Majhi disbursed the 2nd instalment of the state’s flagship Subhadra Yojana. A total of ₹5,000 crore was credited to the bank accounts of 1.18 crore women beneficiaries during a special event in Berhampur’s Ambapua. Each woman received ₹5,000, the 2nd instalment of the scheme, following an identical first instalment disbursed over five phases in the past seven months.

The Subhadra Yojana was launched by Prime Minister Narendra Modi in Odisha on September 17, 2024, marking his birthday. The initiative aims to empower women financially by providing direct monetary assistance. Additionally, the government recently disbursed ₹117 crore to 2.30 lakh new beneficiaries as part of the fifth phase of the first instalment.

Aiming for Women’s Financial Independence

The Subhadra Yojana is designed to offer ₹50,000 in financial aid to women over five years, from 2024-25 to 2028-29, helping them achieve self-reliance. Women aged between 21 and 60 years are eligible for the scheme. The Odisha government has committed a total budget of ₹55,825 crore to the programme, with ₹10,145 crore already allocated for the 2025-26 financial year.

The upcoming 3rd instalment of the scheme is set to be disbursed during Raksha Bandhan later this year. The initiative reinforces the government’s commitment to women’s economic empowerment, ensuring financial security and greater independence for millions of beneficiaries across the state.

How to Apply for Subhadra Yojana?

The application process for the Subhadra Yojana is simple and can be completed online. Here’s how to apply:

  • Visit the Official Website: Access the Subhadra Yojana official portal.
  • Access the Application Section: Click on the “Apply Now” or “Online Application” button.
  • Fill out the Application Form: Provide all required details accurately.
  • Upload Required Documents: Ensure the documents are clear and legible.
  • Review Information: Double-check all entered information.
  • Submit the Application: Click “Submit” to complete the application process.
  • Print the Application Receipt: Save the receipt for future reference.

Conclusion

The Subhadra Yojana continues to play a crucial role in supporting women’s financial independence in Odisha. With substantial government backing and structured financial assistance, the scheme is expected to improve the lives of millions, fostering long-term economic stability for women across the state.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Published on: Mar 10, 2025, 2:56 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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