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Only a girl child can avail the benefits of Sukanya Samriddhi Yojana saving scheme. The maximum age of this child should be 10 years. However a grace period of 1 year is granted. For the parents- Only biological parents or legal guardians of a girl child can open the account on the child's behalf.
The post office offers a number of savings plans, including recurring deposit accounts, Sukanya Samriddhi Account (SSA) is also known as Sukanya Samriddhi Yojana [54] (SSY), National Savings Certificates (NSC), Kisan Vikas Patra (KVP), the Public Provident Fund, [55] savings-bank accounts, [55] monthly-income plans, [55] senior-citizens ...
India Post Payments Bank, abbreviated as IPPB, is a division of India Post that is under the ownership of the Department of Post, a department under the Ministry of Communications of the Government of India. Opened in 2018, as of March 2024, the bank has more than 90 million customers.
Heritage City Development and Augmentation Yojana (HRIDAY) CSS MoUD: 2015: Urban Development: The scheme seeks to preserve and rejuvenate the rich cultural heritage of the country. [79] Sukanya Samridhi Yojana (Girl Child Prosperity Scheme) — MoWCD: 2015: Girl child
Direct Benefit Transfer [a] or DBT is an attempt to change the mechanism of transferring subsidies launched by Government of India on 1 January 2013. This scheme or program aims to establish a Giro system to transfer subsidies directly to the people through their linked bank accounts.
Pradhan Mantri Jan Dhan Yojana (transl. Prime Minister's Public Finance Scheme) is a financial inclusion program of the Government of India open to Indian citizens (minors of age 10 and older can also open an account with a guardian to manage it), that aims to expand affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions.
Ministry of Agriculture and Farmers Welfare has awarded the top-performing states, and districts under PM Kisan Samman Nidhi Yojana. [14] In addition to PMKISAN, individuals can explore a wide range of government schemes aimed at providing financial assistance and support to farmers and other beneficiaries.
Wage payments face delays, in some cases up to 200 days. [119] Center-state disunity, compliance, and "infrastructural bottlenecks" are some of the causes of delay. [120] By 2021, 99.7% of payments under the Act were through electronic transfer. [121] These are also affected by "last mile" issues. [107] Ideal financial inclusion in still lacking.