SUBHADRA Scheme

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. 
• Women who receive assistance of Rs 1,500 or more per month (or Rs 18,000 or more per year) under any other government scheme will also be excluded.
• There is no last date to register; the process will continue until all eligible beneficiaries have been registered.