Sukanya Samriddhi Yojana new rules from October 2024.
Sukanya Samriddhi Yojana (SSY): Key Points
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- Overview:
- Launched: 2015 under “Beti Bachao Beti Padhao” campaign.
- Aim: Promote education of girl children.
- Eligibility: For Indian resident girls below 10 years old.
- Account Limits: One account per girl child, maximum two accounts per family.
- Maturity: 21 years (interest ceases after 21 years).
- Features:
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- Deposits: Minimum Rs. 250, maximum Rs. 1.5 lakh per year.
- Partial Withdrawal: Up to 50% for education after 18 years or passing 10th standard.
- Tax Benefits:
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- Section 80C deductions up to Rs. 1.5 lakh.
- Tax-exempt interest and proceeds.
- New Rules:
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- Guardian Changes: Guardianship transfer required for accounts opened by grandparents.
- Irregular Accounts: Excess accounts will be closed.
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Some other government schemes for girl children include:Â
- Beti Bachao, Beti Padhao (BBBP): A central government scheme launched in 2015.Â
- Balika Samriddhi Yojana: A government scheme for girls launched in 1997.Â
- CBSE Udaan Scheme: An education-focused scheme for girl children.Â
- Mukhyamantri Kanya Suraksha Yojana: A government scheme for girl children.
Important schemes of Rajasthan Government:
Dr. Savita Ben Ambedkar Intercaste Marriage Scheme
- Launched: 2006
- Benefits: Financial assistance for intercaste marriages (SC and upper caste Hindus).
Devnarayan Chhatra Scooty Scheme
- Benefits: Free scooty and financial assistance for higher education.
- Eligibility:
- Girls from specific backward classes in Rajasthan.
- 12th class passed (Rajasthan or CBSE board)
- Scooty allocation has been increased from 20,000 to 30,000 annually.
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