What Initiative Did Scindia Announce for Sukanya Samriddhi Accounts in Guna?

Synopsis
Key Takeaways
- The initiative promotes financial security for girls.
- Parents can open accounts for girls up to 10 years old.
- The scheme is entirely tax-free.
- High interest rates are offered on savings.
- Funds can be used for education and marriage.
Guna, June 28 (NationPress) On Saturday, Union Minister Jyotiraditya Scindia launched accounts for numerous girls under the Sukanya Samriddhi Yojana in his parliamentary area and introduced an exceptional initiative, pledging to deposit Rs 500 from his personal funds into the account of every girl child who opens an account in the constituency between May 1, 2025, and May 1, 2026.
The Sukanya Samriddhi Yojana is a premier scheme by the Central Government aimed at ensuring a secure future for the girl child, significantly transforming lives across India by providing financial support for education and marriage, thus alleviating the financial strain on parents.
During the event, Scindia remarked, “This was Prime Minister Narendra Modi’s vision. Across the nation, over 1 crore Sukanya Samriddhi accounts have been established, empowering parents to secure their daughters’ futures. The scheme is entirely tax-free and provides high interest rates, with funds available for marriage or higher education.”
The inauguration witnessed enthusiastic participation from mothers and their daughters.
Many beneficiaries expressed their gratitude and optimism in conversations with IANS.
One mother of a beneficiary stated, “I am overjoyed to receive the advantages of this scheme. It will secure my daughter’s future and assist us as she matures.”
Another young beneficiary expressed, “I feel really good receiving the benefits of this scheme. I want to thank PM Modi for considering daughters like us.”
Madhya Pradesh Chief Postmaster General Vineet Mathur also participated in the event, sharing details about the day’s achievements.
“Today, more than 222 new accounts were opened under the Sukanya Samriddhi Yojana. Minister Scindia contributed Rs 500 to each account. Forty girls attended with their mothers, receiving passbooks and certificates. This initiative is remarkable. It allows families to open accounts for girls aged from newborns up to 10 years and requires regular deposits to grow their savings,” Mathur explained.
The Sukanya Samriddhi Yojana serves as a government-supported savings scheme designed to promote the welfare of the girl child. It offers parents and guardians a secure, tax-efficient method to save for educational and matrimonial expenses.
Parents can establish an account in their daughter’s name until she turns 10. Only one account is permitted per girl child. Accounts can be opened at post offices and authorized banks, requiring a minimum annual deposit of Rs 250 and a maximum of Rs 1.5 lakh.
Withdrawals can be made for higher education expenses, and accounts can be prematurely closed after the account holder reaches 18 for marriage purposes. Notably, these accounts can also be transferred anywhere in India between post offices or banks, making them exceptionally flexible and accessible for families nationwide.
This initiative not only empowers girls but also emphasizes the government’s commitment to “Beti Bachao, Beti Padhao,” ensuring that daughters receive the necessary support to build brighter and more secure futures.