Finance
Deputy Chief Minister Parvati Parida has announced that the fourth phase of the first installment of the Subhadra Yojana will be deposited to beneficiaries’ accounts via direct benefit transfer (DBT) on February 8. The distribution will take place during a special occasion in Jaipur.
Parida stated that beneficiaries who receive a phone call from their bank must visit the bank on February 3 and 4 to complete their e-KYC verification. They will receive their Subhadra money following successful verification. If the National Payments Corporation of India (NPCI) clearance is completed on February 3 and 4, the number of beneficiaries is projected to reach one crore, she said.
“Those who will be deprived of the benefit in February are required to verify their data by March 8. Once verified, they will also receive their assistance,” Parida clarified.
The government intends to provide financial help to as many women as possible before March 8. So far, Subhadra money has been transferred to 80 lakh women’s bank accounts. The initiative, which began on September 17, 2024, has benefited many women, and applicants eagerly await the fourth part of the first installment.
Additionally, the second installment of the Subhadra Yojana will be credited to eligible women’s bank accounts on March 8, which coincides with International Women’s Day.
