Under Subhadra Yojana introduced in September 2024 by Odisha government, over what period (in years) do beneficiaries receive Rs. 50000?
- AOption (a)
3
- BOption (b)
5
- COption (c)
4
- DOption (d)
6
View answer & explanationHide answer & explanation
Correct answer
5
Why this answer is correct
The correct answer is 2.
Key Points
- Subhadra Yojana was introduced by the Odisha government in September 2024 to provide financial assistance to beneficiaries.
- Under the scheme, beneficiaries receive a total of Rs. 50,000 over a period of 5 years. Hence, the correct answer is 5 years.
- This financial support aims to empower vulnerable sections of society, particularly women and economically weaker groups.
- The funds are disbursed systematically in installments to achieve specific goals, such as enhancing livelihood opportunities and ensuring social security.
- The scheme is monitored by the Department of Women and Child Development, Odisha, ensuring transparency and proper implementation.
Additional Information
- Key Objectives of Subhadra Yojana:
- The scheme is designed to provide financial aid to marginalized sections of society, with a focus on women-led households.
- It promotes inclusive development by addressing poverty and improving access to education, healthcare, and basic needs.
- Implementation Process:
- Funds are disbursed through Direct Benefit Transfer (DBT) to ensure transparency and prevent leakages.
- The scheme is overseen by the Department of Women and Child Development, Odisha, ensuring that all targeted beneficiaries receive their entitlements.
- Comparison with Similar Initiatives:
- Mission Shakti, another scheme by the Odisha government, focuses on women empowerment.
- Other states in India have launched similar initiatives to support vulnerable groups, such as the KALIA Scheme for farmers.
- Statistical Overview:
- The scheme aims to cover a significant portion of the population below the poverty line in Odisha.
- This initiative is expected to contribute positively to the state's Human Development Index (HDI) rankings.
Important Points
- Eligibility Criteria:
- Beneficiaries must belong to economically weaker sections or marginalized communities.
- Preference is given to women-led households and families with limited access to resources.
- Financial Inclusion:
- The scheme encourages beneficiaries to open and operate bank accounts.
- Funds are credited directly to beneficiaries’ accounts to ensure transparency.
- Examples of Similar Initiatives:
- The KALIA Scheme in Odisha provides financial assistance to farmers and landless agricultural laborers.
- The Pradhan Mantri Jan Dhan Yojana (PMJDY) focuses on financial inclusion by offering banking facilities to underprivileged groups.