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Subhadra Yojana: Odisha Govt Releases ₹5,106 Crore to Over 1 Crore Women on March 8, 2026

Written by: Team Angel OneUpdated on: 9 Mar 2026, 6:07 pm IST
Odisha government credits ₹5,106 crore to bank accounts of over 1.02 crore women beneficiaries under Subhadra Yojana.
Subhadra Yojana: Odisha Govt Releases ₹5,106 Crore to Over 1 Crore Women on March 8, 2026
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The Odisha government has transferred ₹5,106.33 crore to more than 1 crore women under the Subhadra Yojana, as per PTI reports.  

The payment was released on March 8, coinciding with International Women’s Day. The amount was credited directly to beneficiaries through the direct benefit transfer (DBT) system. 

The 4th instalment was released by Chief Minister Mohan Charan Majhi during a programme held in Puri. Ministers from several districts joined the event virtually. 

₹5,000 Credited to 1.02 Crore Beneficiaries 

Under the latest instalment, ₹5,000 was transferred to the bank accounts of about 1.02 crore women. The beneficiaries had already received three earlier instalments of the same amount since the scheme began. 

According to the state government, the total amount transferred to beneficiaries under the scheme has now crossed ₹20,000 crore. 

Structure of the Scheme 

The Subhadra Yojana provides financial assistance to women aged between 21 and 60 years in Odisha. Each beneficiary receives ₹10,000 a year, paid in 2 instalments of ₹5,000 each. 

First instalment is released on International Women’s Day in March, while the second is scheduled around the Raksha Bandhan festival. The support will continue for 5 years, from 2024-25 to 2028-29. 

Launch and Coverage 

The scheme was launched by Prime Minister Narendra Modi in Bhubaneswar on September 17, 2024. It aims to provide financial support of ₹50,000 to each beneficiary over 5 years. 

The assistance is meant to support household spending and small economic activities among women across the state. 

Government Statements 

Speaking at the event, Chief Minister Majhi said the funds transferred under the programme are expected to circulate within local markets and support small traders and artisans. 

Deputy Chief Minister Pravati Parida said women beneficiaries of the scheme would contribute to the state’s economic and social development in the coming years. 

Read MoreCentre May Allow Existing Sector and Sponsored Schemes to Continue Beyond April 1, 2026! 

Conclusion 

With more than 1 crore beneficiaries and cumulative transfers exceeding ₹20,000 crore, the Subhadra Yojana has become one of the larger direct benefit programmes implemented by the Odisha government for women in 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.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Mar 9, 2026, 12:37 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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