India News | Odisha CM Majhi Disburses 5th Instalment of Subhadra Scheme to 1.03 Crore Women
Get latest articles and stories on India at LatestLY. Odisha Chief Minister Mohan Charan Majhi on Friday disbursed the fifth instalment of the Subhadra Scheme, transferring Rs 5,000 each to the bank accounts of more than 1.03 crore women beneficiaries across the state on the occasion of Raksha Bandhan.
Nayagarh (Odisha) [India], August 28 (ANI): Odisha Chief Minister Mohan Charan Majhi disbursed the 5th instalment of the Subhadra Scheme to 1.03 crore women on the occasion of Raksha Bandhan.
Odisha CM Mohan Charan Majhi, speaking at the disbursement of the fifth instalment of the Subhadra Scheme in Nayagarh, extended greetings to women across Odisha on the occasion of Gahma Purnima and Raksha Bandhan.
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The CM said, "Subhadra Yojana is not merely a financial assistance scheme but a symbol of women's empowerment," aimed at enabling women to take independent decisions and become socially, politically and economically self-reliant.
He said Rs 5,000 each is being transferred to 1,03,26,162 eligible women beneficiaries across Odisha under the fifth instalment, involving more than Rs 5,163 crore through Direct Benefit Transfer (DBT)."
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"With an annual allocation of Rs 11,000 crore, Subhadra is Odisha's largest women-centric scheme. Beneficiaries will receive Rs 50,000 over five years, with two instalments of Rs 5,000 each every year."
The CM Majhi said, "nearly 80% of women have used Subhadra assistance for long-term financial security and development, while 25.52% have used the funds to start businesses". He highlighted beneficiaries who have started vegetable cultivation, tailoring, stationery shops, weaving and dairy farming.
CM Majhi said the government has launched the Women Entrepreneurship Platform to provide women with skills, mentoring, market linkages and financial opportunities. He said 11,789 Subhadra beneficiaries have undergone skill training so far, while nearly 27 lakh women have become financially self-reliant under Lakhpati Didi.
The CM said his government has introduced Mukhyamantri Kanyabibaha Yojana and Mukhyamantri Kanya Sumangal Yojana for women's social empowerment. "Under Kanya Sumangal, girls born from the current financial year will receive Rs 1,01,000 after completing graduation."
He said Rs 1,22,764 crore, nearly 40% of Odisha's Rs 3.10 lakh crore budget, will be spent for women this year, calling it an all-time record. "In Nayagarh, 2,33,585 eligible women are receiving Rs 116.80 crore under the fifth Subhadra instalment." (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)