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Sanchayaka is a scheme introduced in Indian schools, to encourage students to save money. Under this scheme, children may deposit money into their account and earn variable interest. The student may withdraw the money anytime. It was first introduced by Indira Gandhi
Sukanya Samriddhi Account (Girl Child Prosperity Account) is a Government of India backed saving scheme targeted at the parents of girl children. The scheme encourages parents to build a fund for the future education of their female child. [1] [2] The scheme was launched by Prime Minister Narendra Modi on 22 January 2015 as a part of the Beti ...
Revamped version of 1995 Midday Meal Scheme to provide free lunch to school children. Financial outlay in 2022 was ₹ 10,233 crore (equivalent to ₹ 110 billion or US$1.3 billion in 2023). [7] Grouped under the umbrella scheme "Saksham Anganwadi and POSHAN 2.0", it aims to reducing stunting, under-nutrition, anemia, and low birth weight. [22 ...
There are now 24 million people taking part in the government-backed savings scheme, with more than £127bn banked. Premium bonds are an investment product from the National Savings and Investment ...
The scheme's main objective is to mobilize small savings for social security during uncertain times by offering an investment with reasonable returns combined with income tax benefits. [2] The scheme is offered by the Central Government. Balance in the PPF account is not subject to attachment under any order or decree of court under the ...
Savings interest rates today: Don't let your money hibernate this winter when you can earn up to 5.10% APY — Dec. 11, 2024
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