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[5] [6] The accounts can be opened at any India Post office or a branch of some authorized commercial banks. [7] Initially, the interest rate was set at 9.1% but later revised to 9.2% in late March 2015 for FY2015-16. [7] [8] The latest interest rate for Sukanya Samriddhi Account revised from January 1, 2024 is 8.2%. [3]
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 ...
An example given was the Right of Children to Free and Compulsory Education Act, 2009, a shortage of both schools and teachers. [167] Since their inception, flagship welfare schemes of the Modi government such as Namami Gange and Ayushman Bharat have been sanctioned more than what has been spent. [ 168 ]
More recent programs initiated by the Government of India include the Mother and Child Tracking System (MCTS), the Indira Gandhi Matritva Sahyog Yojana, Conditional Maternity Benefit plan (CMB), as well as the Rajiv Gandhi Scheme for Empowerment of Adolescent Girls – Sabla.
Sampoorna Grameen Rozgar Yojana is a combination of the provisions under Employment Assurance Scheme (EAS) and Jawahar Gram Samridhi Yojana (JGSY). [ 2 ] : 709 The Food For Work Programme was restructured and renamed as National Rural Employment Programme in October 1980 by the then Prime Minister Indira Gandhi and it became a regular Programme ...
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.
The UPU S10 standard defines a system for assigning 13-character identifiers to international postal items for the purpose of tracking and tracing them during shipping. The standard was introduced on 18 April 1996, [ 1 ] : 4 and is currently in its 12th version.
In Bulgaria, the postal banking system was a subsidiary of Bulgarian Posts until 1991, when Bulgarian Postbank was created. In the years that followed, Bulgarian Postbank was privatized and the relationship between post offices and bank offices became weaker. Postal banking services ceased to be available in post offices in 2011.