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Sukanya Samriddhi Yojana Marks 11 Years Under Beti Bachao Beti Padhao
The Sukanya Samriddhi Yojana (SSY) completes 11 years since its launch under the Beti Bachao, Beti Padhao campaign. The scheme is completed the 11-year milestone from its launch date (22 January 2015) and its provisions for girl-child savings.
Sukanya Samriddhi Yojana (SSY)
| Dimension | Key Details |
|---|---|
| Launch | Launched on 22 January 2015 |
| Campaign linkage | Established under the Beti Bachao, Beti Padhao campaign |
| Objective | Provides for promoting welfare of the girl child and creating a long-term savings corpus for education and future needs |
| Eligibility | Applies to a girl child below 10 years |
| Account limits | Regulates that only one SSY account is permitted per girl child; a family can open accounts for a maximum of two girl children |
| Deposits | Mandates an annual deposit of ₹250 to ₹1.5 lakh for 15 years |
| Account operation | Authorises operation of the account by the guardian till 18 years |
| Maturity and withdrawal | Provides for maturity after 21 years; up to 50% withdrawal for education after 18 years is allowed |