Context:
The government of Odisha is set to launch flagship initiative Subhadra scheme.
Subhadra Scheme:
- Aim – Financial assistance scheme to transfer ₹10,000 per year to eligible women beneficiaries in Odisha
- Duration – 5 years, until 2028-29.
- Funding – ₹10,000 per year, transferred in 2 instalments of ₹5,000 each on Rakhi Purnima (August) and International Women’s Day (March 8).
- Eligibility – Women aged 21-60
- Excludes affluent families, government employees, taxpayers, or those receiving ₹1,500+ monthly from other government schemes.
Key Features of the scheme:
- e-KYC Mandatory
- Direct Deposit – Money deposited into Aadhaar-enabled single-holder bank accounts.
- SUBHADRA Card – ATM-cum-debit card for beneficiaries to facilitate financial transactions and create a sense of identity.
- Incentives – ₹500 incentive for 100 beneficiaries in each gram panchayat and urban local body area with the highest number of digital transactions.
- Opt-Out Option – Beneficiaries can opt out through the SUBHADRA Portal if they become ineligible or wish to transfer benefits to others.
Source: The Indian Express
Previous Year Question
Regarding ‘Atal Pension Yojana’, which of the following statements is/are correct?
1. It is a minimum guaranteed pension scheme mainly targeted at unorganized sector workers
2. Only one member of a family can join the scheme.
3. Same amount of pension is guaranteed for the spouse for life after subscriber’s death.
Select the correct answer using the code given below.
[UPSC Civil services Exam – 2016 Prelims]
(a) 1 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
Answer: (c)
Explanation:
Statement 2 is not correct. The scheme is open to all adults of a family.
