About MUKTA
In 2021, Odisha Government implemented the MUKTA scheme to provide livelihood opportunities for the urban poor, migrant workers and informal labourers by involving them in the creation of sustainable community assets. 40% of the beneficiaries of this scheme are women.
MUKTA stands out for its community-focused strategy, targeting comprehensive urban growth. It aims to provide sustainable jobs, protect the environment and build resilient infrastructure.
By monitoring market activity and identifying market and financing trends, the Trends report seeks to provide a practical guide to stakeholders for understanding how the interaction between risks and regulations is shaping investment flows. The insights generated from the analyses of financing and market trends could be used to inform future policy action geared towards enhancing investment flows.
- Author's Name Smriti Bhatnagar
- Posted On 25th Mar 2024 at 08:54 AM
- Relevant Topics
- Share
From months to days- a reimagined payment cycle
MUKTASoft is the digital engine powering MUKTA. This social benefits module, built on DIGIT. MUKTASoft has altered how payments and project management are handled within the scheme. Sasikant’s story of receivin wages effortlessly is an indicator of the system’s impact.
Previously, the disbursement of wages was a prolonged process, often stretching over two months. With the of MUKTASoft, this duration has been dramatically reduce less than two weeks, marking a significant leap in operational efficiency and worker satisfaction, as seen in Dhenkanal and Jatni ULBs. The system employs the JustTime Funding System, built by MicroSave Consulting. This was integrated into the Odisha Government’s Integrated Financial Management System (IFMS). There were quick visible outcomes with automated and fast-tracking payments. It means more entrepreneurship opportunities especially for women-led Self Help Groups, reduced administrative burden on front-line employees, a also means curtailing unspent balances. This serves as the technological backbone of the product, bringing about major reforms in the payment process for thousands of workers.
A reality that was unheard of a few months before, is now possible. Sasikant’s story is just one example of the positive impact of the Mukhyamantri Karma Tatpara Abhiyan (MUKTA) scheme and the Smart Payments system.
