(THE GIST OF PIB) SUBHADRA Scheme

(THE GIST OF PIB) SUBHADRA Scheme

(SEPTEMBER-2024)

SUBHADRA Scheme

  • Recently, the Prime Minister of India launched ‘SUBHADRA’, the flagship Scheme of Government of Odisha, in Bhubaneswar, Odisha.

About SUBHADRA Scheme:

  • It is named after Goddess Subhadra, the younger sibling of Lord Jagannath, the presiding deity of Odisha.

  • All eligible beneficiaries between the age of 21-60 years would receive Rs. 50,000/- over a period of 5 years between 2024-25 to 2028-29. 

  • An amount of Rs 10,000/- per annum in two equal installments will be credited directly to the beneficiary’s Aadhaar-enabled and DBT-enabled bank account.

How will it work?

  • The money will be deposited directly into the beneficiary’s Aadhaar-enabled single-holder bank account. 

  • The government has made e-KYC mandatory for the scheme. A Subhadra Debit Card will be issued to the beneficiaries.

  • A total 100 beneficiaries with the highest number of digital transactions in each gram panchayat and urban local body area will receive an additional incentive of Rs 500.

  • Women from economically well-off families, government employees, and income-tax payees will not be eligible for the scheme.

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Courtesy: PIB