List of 8 Best Central Government Schemes for Girl Child in India 2021
The Government of India today offers a wide range of schemes for a girl child to ensure a better future for her. However, parents should evaluate them properly to select the right one. Parents can also gain ideas about plans in detail that will help invest money depending on their needs. Whether it is marriage or education, these plans allow parents to cater to the requirements of a girl child with the best features. Moreover, they show ways to focus more on ensuring high protection to a loved one that will help lead a problem-less life.
Most schemes offer high-interest rates for depositors, which generates more returns. Not only that, they provide an income tax benefit for subscribers to save money to a large extent. A savings scheme for a girl child offers feasible ways to ensure financial security in her life. It even enables parents to make the right decision when they want to invest money.
List of 8 Best Central Government Schemes for Girl Child in India 2021
- Sukanya Samriddhi Yojana
- Balika Sariddhi Yojana
- CBSE Udaan Scheme
- Ladli Laxmi Yojana of Madhya Pradesh
- Ladli Scheme and the Kanya Kosh Scheme
- Beti Bachao, Beti Padhao
- National scheme of incentive for the girls of secondary education
- Mazi Kanya Bhagyashree Scheme
1. Sukanya Samriddhi Yojana
Sukanya Samriddhi Yojana, shortly known as SSY, is a savings scheme meant for a girl child in India. It is the best scheme for the girl child that comes with an annual interest of 7.6%. The minimum deposit amount is Rs 250, and the maximum deposit amount is Rs.1.5 lakhs. At the same time, the amount will mature when a girl attains 21 years. A girl can close the scheme after becoming a major. Parents can open an account when the girl is below or 10 years of age. In case of the untimely death of the account holder, a nominee or legal hair will receive the amount. Opening the scheme in a nearby branch or post office with the KYC documents is possible.
2. Balika Sariddhi Yojana
Balika Sariddhi Yojana is a scholarship scheme meant for a girl child in India that aims at supporting young girls and their families who live in poverty. The scheme is available in both rural and urban areas to increase the enrolment and retention of girls in schools. A girl child will get an annual scholarship ranging from Rs.300 to Rs.1000. On the other hand, she must belong to a BPL family while applying for the scholarship.
3. CBSE Udaan Scheme
CBSE Udaan Scheme is one of the best central government schemes for a girl child because it provides scholarships for college education purposes. Under this scheme, a girl will get pre-metric and post-metric scholarships to pursue her studies without any hassles. Applicants should have secured at least 70% in class 10 and 80% in maths and science. Apart from that, they must have a minimum of 8 and 9 GPAs in maths and science. Girls who want to study a degree course in prestigious engineering colleges can benefit a lot from the scheme.
4. Ladli Laxmi Yojana of Madhya Pradesh
The Madhya Pradesh Government introduced a scheme for a girl child known as “Ladli Laxmi” that aims to improve educational status. It discourages female foeticide among people by addressing essential needs. A beneficiary will receive a certificate worth Rs.6000 for five years after getting selected for the scheme. The scheme covers Rs.2000 at the time of admission to the 6th grade, Rs 4000 at the time of admission to the 9th grade, and the remaining balance as a lump sum until a girl turns 18. However, the girl and her parents must belong to Madhya Pradesh.
5. Ladli Scheme and the Kanya Kosh Scheme
The Ladli scheme and the Kanya Kosh Scheme are some of the schemes offered by the Haryana Government to improve the girl child ratio. A financial reward of Rs.5000 is available for up to 5 years for parents who give birth to a second girl child under the first scheme. The Kanya Kosh Scheme is a saving scheme for the girl child that involves depositing m amount of Rs.21000 after the birth of a first girl child. When a girl reaches the age of 18, the balance will rise to Rs.1 lakh.
6. Beti Bachao, Beti Padhao
It is a special scheme launched by the Indian Government on January 22, 2015, to protect girls from social problems. The scheme’s primary objective is to promote girl education throughout India by reducing abortion cases. To get the benefits, parents should open a Sukanya Samraddhi account in the name of a girl child. At the same time, the scheme would not necessitate a cash payment and covers some features for a girl child.
7. National scheme of incentive for the girls of secondary education
The scheme is a Pan-India scheme that encourages girls to pursue secondary education in schools. It aims at helping girls from India’s deprived classes to complete their secondary education without any hassles. A deserving girl will receive Rs 3000 as a fixed deposit under the scheme. She can withdraw the interest amount after reaching the age of 18 and should have completed her 10th-grade test.
8. Mazi Kanya Bhagyashree Scheme
The scheme is a Maharashtra government program that aims at improving the lives of girls from low-income families. Under the scheme, the child’s mother will get Rs 5000 per year for the first five years after a girl child is born. Besides that, the scheme provides financial assistance of Rs 2500 per year when she gets enrolment in 5th grade. It is one of the best government schemes for a girl child, which satisfies parents’ requirements. The scheme also offers financial assistance to a girl child by increasing Rs 3000 before a year when she enrolls in class 12. Also, it entitles an amount of Rs.1 lakh for her schooling until she attains the age of 18.
When choosing a welfare scheme for a girl child, parents should check the eligibility and other requirements. This. In turn, it gives ways to improve the financial conditions of a girl who comes from a poor background.
