A decade and a year strong, the Sukanya Samriddhi Yojana marks its 11th birthday, having opened 4.53 crore accounts worth over ₹3.33 lakh crore. Rolled out January 22, 2015, under Beti Bachao Beti Padhao, this interest-bearing (8.2%) scheme with assured principal has become synonymous with proactive parenting for daughters.
Accessible via post offices and major banks, accounts open from birth to 10 years. One account per girl, two per family max—with twin provisions—keeps it equitable. Parents steward until 18, directing funds to education/marriage, then handing reins to the young woman. Nationwide portability adds practicality.
SSY’s genius lies in blending savings with empowerment, fostering independence amid rising education costs. It equips girls with financial tools for lifelong autonomy.
The flagship Beti Bachao Beti Padhao, PM Modi’s brainchild, wages war on gender imbalance through enrollment drives, ratio improvements, and cultural shifts. Backed by key ministries, its holistic approach complements SSY perfectly.
This dual milestone underscores governmental foresight: from foetal protection to funded futures, these programs are reshaping India’s demographic landscape. With numbers soaring, SSY heralds an era where every girl inherits not just dreams, but the means to achieve them.