Sukanya Samriddhi Yojana Essay

Sukanya Samriddhi Yojana Essay (Essay Topics) – Write an essay on Sukanya Samriddhi Yojana in 300 Words for students. Sukanya Samriddhi Yojana Essay was recently asked in classes like 6, 7, 8, 9, 10, 11 and 12.

Sukanya Samriddhi Yojana Essay

sukanya samriddhi yojana essay

Essay on Sukanya Samriddhi Yojana

Sukanya Samriddhi Yojana Essay 300 Words

A premium saving scheme offering from Ministry of Finance, Sukanya Samriddhi Yojana which encourages the parents of girls children to build a fund for the future education and marriage express for a girl child. The scheme was launched by Prime Minister Narendra Modi on 22 January 2015 in Panipat, Haryana as a part of the Beti Bachao Beti Padhao campaign.

Under the scheme, the account can be opened anytime between the birth of the child and the time she attains 10 years age. Only one account is allowed for a child (exception allowed for twins and triplets). This account can be opened at any India post office or branch of authorised commercial banks. A minimum of rupees 1,000 must be deposited initially thereafter then any amount in the multiples of 100 can be deposited.

The scheme currently provides an interest rate of 8.1% which is not fixed and charges time to time. The amount allowed 50% withdrawal at the age of 18 for higher education purpose and this account reaches maturity after the time period of 21 years from the date of opening.

This scheme has some cons also like maturity time of account is more, money can’t be withdrawn in the case of emergency, the rate of interest is not fixed. For the ground level implementation of this scheme, the government should consider these cons and amend it.

However, in the present situation, this scheme is the need of the hour. It empowers women socially and economically in the upcoming years and prevents them from any kind of social discrimination in society.


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