Sukanya Samriddi Yojana (SSY)

Context: For the first time in the country, all the girl children in a remote village Haridaspur located in Telangana are going to have accounts of Sukanya Samriddi Yojana (SSY), a savings scheme being implemented by the Union government.

• Panchayat members succeed in changing the mindset of villagers regarding birth of girl children .
• As many as eight newborn girl children of the village last year and 49 girl children born before that are going to have SSY accounts shortly.
• Haridaspur is the first village in Telangana celebrating birth of girl children for the past one year.

Sukanya Samriddi Yojana

• Under this scheme, a minimum of ₹ 1,000 per annum has to be deposited in the account, on which an attractive interest rate of 7.6 per cent is being
• The accounts mature on the girl completing 21 years of age or when the marriage of the account holder takes place before completion of 21 years.
• The operation of the account is not permitted beyond the date of her marriage.
• Partial amount can be withdrawn for the purpose of higher education and marriage.

https://www.thehindu.com/news/national/telangana/haridaspur-to-have-ssy-accounts-for-every-girl-child/article33678433.ece?homepage=true