Empowering Futures: A Comprehensive Guide to Sukanya Samriddhi Yojana
Introduction : Sukanya Samriddhi Yojana (SSY) stands as a beacon of financial empowerment for the girl child in India. Launched by the Government, Sukanya Samriddhi Yojana is a powerful savings scheme that not only provides attractive returns but also aims to secure a bright future for young girls. In this comprehensive guide, we will delve into the various aspects of Sukanya Samriddhi Yojana, exploring its features, benefits, and the positive impact it can have on the financial well-being of families. Understanding Sukanya Samriddhi Yojana: Sukanya Samriddhi Yojana, often abbreviated as SSY, is a savings scheme primarily designed for the welfare of the girl child. The scheme was introduced as part of the 'Beti Bachao, Beti Padhao' initiative, emphasizing the importance of educating and securing the financial future of every girl. Under Sukanya Samriddhi Yojana, parents or guardians can open an account in the name of a girl child below the age of 10 years. Account Opening and ...