Unveiling the scheme this afternoon, Chief Minister Manohar Parrikar said that married women, divorcees and widows would be benefited under the scheme.
Parrikar said that the scheme was "anti-inflation" and has been introduced to off-set the impact created due to the price rise induced by Union Government's "faulty policies".
The Chief Minister said that an amount of Rs 150 crore has been earmarked for this scheme for the current year, which will cover one and half lakh beneficiaries.
"Every month, we will cover 15,000 applications," he said adding that the Directorate of Women and Child Development would be implementing this scheme.
The beneficiaries, he said, should be more than 18 years of age.
The forms for this scheme would be made available through the offices of the directorate across all the talukas.