Benefits of girls who are enrolled under BBBP
BBBP has been
functioning under Ministries of Women and Child Development, Health and Family
Welfare and Human Resource Development. Prime Minister Modi has described it as
a big step and a boon for the society.
The Union budget has
allocated Rs 50 crore for the schemes to protect the safety of women under the
Ministry of Road Transport and Highways.
Rs 150 crore will be spent by the Government of India to increase the safety of women in cities.
The benefits for the girl child
are: –
·
You would be able to open an account
for your girl child which will reduce your financial burden and the girl will
get the money for her small needs.
·
The government provides the highest
interest rate under the BBBP scheme for all small savers. With it, you can save
more money for your daughter in the future.
·
This account is exempted under the
Act 1961 u / s 80C. The girl’s account will be tax-free. This means that no
money shall be deducted from the account in the form of tax.
The best part of this plan – The account will
mature when the girl reaches 21 years from the time of opening the account.
Only at the age of 18, she will receive money for higher education. When she is
21, you will be able to take money from the account for her marriage. The
account has a maximum duration of 21 years.
The aim of BBBP scheme
is to explain to the people that girls’ education and marriage is not a burden
to parents. You can arrange for the marriage of your daughter through the money
saved under this account. This scheme provides complete financial security to
the girl child.
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