The scheme, called 'Manodhairya Yojana', would be launched on October 2 and envisages providing between Rs two and three lakh to the victim.
The victims would receive not only medical treatment but also legal aid, counselling and help for rehabilitation from the state government as part of the scheme.
Concerns raised by political parties and NGOs over the recent gangrape case in Mumbai has led the state government to chalk out the proposal.
The victim, an intern with an English magazine, was gangraped by five men on August 22 when she and her male colleague had gone to a deserted mill compound in Lower Parel on an assignment.