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Schemes that the central government fully funds are referred to as "central sector schemes" (CS). In contrast, schemes mainly funded by the center and implemented by the states are "centrally sponsored schemes" (CSS). [1] In the 2022 Union budget of India, there are 740 central sector (CS) schemes. [2] [3] and 65 (+/-7) centrally sponsored ...
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 ...
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
The Baby Bonus Scheme (formerly known as Child Development Co-Savings Scheme) was first introduced in Singapore on 1 April 2001. The scheme is continuously enhanced since its inception till 2021. The objective is to improve the country's fertility rate by providing cash incentives, with the hope of reducing the financial burden of raising ...
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 ...
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