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    Balika Samridhi Yojana

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    house5555555
    The Balika Samridhi Yojana scheme provides the following benefits to girls from below poverty line families: 1. A post-birth grant of Rs. 500 is provided to mothers of newborn girls. 2. Annual scholarships are provided to girls for attending school, ranging from Rs. 300-1000 per year depending on the class. 3. The funds are deposited in an interest-bearing account in the girl's name to be accessed at age 18 for education or marriage purposes.

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    Balika Samridhi Yojana

    Uploaded by

    house5555555
    191 views3 pages
    The Balika Samridhi Yojana scheme provides the following benefits to girls from below poverty line families: 1. A post-birth grant of Rs. 500 is provided to mothers of newborn girls. 2. Annual scholarships are provided to girls for attending school, ranging from Rs. 300-1000 per year depending on the class. 3. The funds are deposited in an interest-bearing account in the girl's name to be accessed at age 18 for education or marriage purposes.

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    The Balika Samridhi Yojana scheme provides the following benefits to girls from below poverty line families: 1. A post-birth grant of Rs. 500 is provided to mothers of newborn girls. 2. Annual scholarships are provided to girls for attending school, ranging from Rs. 300-1000 per year depending on the class. 3. The funds are deposited in an interest-bearing account in the girl's name to be accessed at age 18 for education or marriage purposes.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    191 views3 pages

    Balika Samridhi Yojana

    Uploaded by

    house5555555
    The Balika Samridhi Yojana scheme provides the following benefits to girls from below poverty line families: 1. A post-birth grant of Rs. 500 is provided to mothers of newborn girls. 2. Annual scholarships are provided to girls for attending school, ranging from Rs. 300-1000 per year depending on the class. 3. The funds are deposited in an interest-bearing account in the girl's name to be accessed at age 18 for education or marriage purposes.

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    of 3

    :: BALIKA SAMRIDHI YOJANA ::

    Introduction:
    The scheme of Balika Samridhi Yojana was launched by Govt. of India w.e.f. 15-8-97 with
    the following objectives:1. To change negative family and community attitudes towards the girl child at birth and
    towards
    her
    mother.
    2. To
    improve
    enrolment
    and
    retention
    of
    girl
    children
    in
    schools.
    3. To
    raise
    the
    age
    at
    marriage
    of
    girls.
    4. To assist the girl to undertake income generating activities.

    COMPONENTS OF BALIKA SAMRIDHI YOJNA


    From the start of the scheme, the mothers of newborn girl children were given a post
    delivery grant of Rs. 500/- each in cash as a gift from the Government. There was also
    provision for Annual Scholarships to the girl child for attending school. But the details
    /guidelines for scholarships were not received.
    During 1999-2000, Govt. of India recast the scheme and the benefits and means of
    delivery have been redesigned to ensure that financial benefits accrue to the girl child.
    Now the girl children eligible under BSY are entitled to the following benefits:1. A post birth grant amount of Rs. 500/-.
    2. When the girl child born on or after 15-08-1997 and covered under BSY starts
    attending
    the school, she will become entitled to annual scholorship as under for each
    successfully
    completed year of schooling:-

    Class

    Amount of Annual Scholarship

    I-III

    Rs. 300/- per annum for each class

    IV

    Rs. 500/- per annum

    Rs. 600/- per annum

    VI-VII

    Rs. 700/- per annum for each class

    VIII

    Rs. 800/- per annum

    IX-X

    Rs. 1000/- per annum for each class

    COVERAGE
    Balika Samridhi Yojna is being implemented in both rural and urban areas.

    TARGET GROUP
    Under Balika Samridhi Yojna girl children belonging to families below the poverty line are
    given benefit, who are born on or after 15th August,1997. The benefits are restricted to
    two girl children in a household irrespective of number of children in the household.

    PROCEDURE FOR OBTAINING THE BENEFIT


    This scheme is being implemented through ICDS infrastructure in rural areas and
    through functionaries of Health Department in urban areas. The application forms are
    available with Anganwadi Workers in the villages and with Health functionaries in urban
    areas. The beneficiaries are required to submit the filled in applications to these
    functionaries.

    DISBURSEMENT OF ASSISTANCE:
    The amounts of post birth grant and scholarships are to be deposited in an interest
    bearing account to be opened in the name of the beneficiary girl child and an officer
    designated in this behalf by the State Govt. in the nearest bank or post office.The
    amount should earn the maximum possible rate of interest.In this context the Public
    Provident Fund scheme or the National Saving Certificate is given higher priority.

    FACILITY OF WITHDRAWAL:
    A portion of the Post Birth Grant of Rs.500/- or the amount of the annual scholarship can
    be applied toward the sole purpose of paying the premium on an insurance policy in the
    name of the girl child under the Bhagyashri Balika Kalyan Bima Yojna. The amounts of
    annual scholarships can also be permitted to be utilised toward purchase of textbook or
    uniform for the girl child.The amount left after paymant shall be deposited in the
    account.

    PAYMENT AT MATURITY:
    On the girl child attaining 18 years of age and on production of a certificate from the
    Gram Panchayat /Municipality that she is unmarried on her eighteenth birthday, the
    implementing agency would authorise the bank or the post office authorities concerned
    to allow her to withdraw the amount standing in her name in the interest bearing
    account.

    WITHDRAWAL OF THE BENEFIT:


    In the event of the girl getting married before attaining the age of 18 years, she shall
    forgo the benefit of the amount of annual scholarships and the interest accrued thereon
    and shall stand entitled only to the Post Birth Grant amount of Rs.500/- and the interest
    accrued thereon. In the eventuality of the death of the girl child before attaining the age
    of 18 years, the accumulated amount in her account would be withdrawn.

    FUNDS :
    Prior to 1999-2000 , funds were being released to the Additional Deputy
    Commissioners by the Govt of India.However. thereafter the funds were being released
    to the State Govt.

    The year wise expenditure and beneficiaries is as under

    Sr.
    No.

    Year

    Amount released by GOI (Rs.


    in lacs )

    Beneficiaries covered

    1.

    1997-98

    86.49

    2738

    2.

    1998-99

    59.29

    7765

    3.

    19992000

    57.66

    6673

    4.

    2000-01

    25.00

    2889

    5.

    2001-02

    9166

    6.

    2002-03

    6696

    7.

    2003-04

    7441

    8.

    2004-05

    63.29

    2337 (tentative)

    :: BALIKA SAMRIDHI YOJANA PROFORMA

    Application Form for obtaining the post-birth benefit of Rs. 500/- (for rural
    areas)

    Application Form for obtaining the post-birth benefit of Rs. 500/- (for urban
    areas)

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