International Daughter’s Day: India’s Daughters Are Getting Empowered Through Sukanya Samriddhi Yojana

Nitin Konde, Apoorva Bajj

Sep 23, 2024 — 3 min read

International Daughter’s Day- India’s Daughters Are Getting Empowered Through Sukanya Samriddhi Yojana

The 'Sukanya Samriddhi Yojana' was initiated by Prime Minister Narendra Modi as part of the 'Beti Bachao, Beti Padhao' initiative. In the post offices, numerous accounts of daughters up to the age of ten years have been opened. Additionally, in many villages, accounts of all eligible daughters have been opened, and they have been declared as complete Sukanya Samriddhi Gram. On the occasion of "International Daughter's Day," on September 22nd, the Postmaster General of the North Gujarat Region, Ahmedabad, Krishna Kumar Yadav, stated that around 500 villages in the North Gujarat region have been transformed into complete Sukanya Samriddhi Grams till date.

Through the post office in these areas, Sukanya accounts have been made for all of the girls who are eligible for the program and are up to ten years old. Not only that but in these areas, the postman will rush to any house where there is a notification of the birth of a daughter to open the Sukanya account for the newborn. With this action, which is taken towards the economic empowerment of daughters, more than 4.50 lakh accounts of Sukanya Samriddhi Yojana have been opened in the post offices in the North Gujarat region, while 15.22 lakh accounts have been opened in the Gujarat circle. This information was provided by the Postmaster General. Through the implementation of campaigns in a variety of schools and Dak Chaupals in rural areas, all of the girls who are eligible for it are connected to it.

How 'Sukanya Samriddhi Yojana' Operates?

In order to register a Sukanya Samriddhi account, females up to the age of 10 years old are required to pay a minimum of INR 250 at any post office. According to Yadav, the amount of money that can be deposited in a single fiscal year ranges from a minimum of INR 250 to a maximum of INR 1.5 lakh. Only 15 years from the account's inception date will funds be required to be deposited in this programme.

When the daughter reaches the age of 18, she is eligible to withdraw 50 percent of the sum that was deposited into the account. After twenty-one years have passed since the account was opened, the entire amount can be withdrawn. At this time, the interest rate is 8.2 percent, and there is also a provision that allows for the amount that is deposited to be free from income tax considerations.

Giving Girl Child a Brighter Future

Additionally, according to the Postmaster General, the Sukanya Samriddhi Yojana is not just a means of investment, but it is also connected to the bright and prosperous future of daughters. Furthermore, the social features of this framework, in addition to the economic dimensions, are of great significance.

This sum will be reserved exclusively for the daughters, and it will be of great assistance to them in their pursuit of education, professional advancement, and marriage. Through the empowerment of daughters, this programme will also encourage the empowerment of women and the self-sufficiency of India in the future.