The Puducherry government's Department of Women and Child Development introduced a financial support initiative called "Grant of Incentive to Families with One or Two Girl Children and Parents Who Have Understood Family Planning." This program aims to elevate the status of the girl child within families and educate parents on the importance of having daughters.
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Under this scheme, ₹30,000 is deposited in the name of a single girl child, while ₹15,000 is allocated to each of two girl children. Upon reaching the age of eighteen, the girl child receives the maturity amount. This initiative is undoubtedly one of the most effective child support programs launched by the Puducherry government. Here’s everything you need to know about this scheme!
The government of Pondicherry had launched this scheme as a big financial assistance to the families who are undergoing family planning. The scheme’s objectives are:
Creating awareness about the girl child.
Elevate the status of the girl child.
Provide financial aid to families with one or two girl children.Â
The scheme not only helps families financially but also aims to change the status of girls in society, which makes it one of the best child plans offered by the government.Â
The key advantages of this scheme are:
A financial aid of â‚ą30,000/- for parents of one girl child.
A financial aid of â‚ą15,000/- for parents of two girl children.
The funds are securely deposited in the name of the girl child/children.
These key benefits enlist this among the best government Schemes for Girl Child.Â
To avail of the benefits of a scheme, the applicant must adhere to the eligibility criteria. Hence, the eligibility criteria of this scheme are;
Applicant’s parents should be citizens of India and any of them must be native of Pondicherry.
The annual income should not exceed â‚ą75,000/- per annum.
Marriage of the applicant must be registered.
Age of the parents must not be below 21 years (father) and 18 years (mother).
Parents should have only one/two girl children.
Either of the parents should have undergone family planning in hospital/private (registered).Â
Go to the e-District Portal of the Government of Puducherry.
Click "Login" (top right), then select "Register a New Membership."
Fill in the registration form with your details (Username, Password, Personal Details, etc.), agree to the declaration, enter the Captcha, and click "Signup."
Log in with your username and password on the homepage.
View available schemes, listed department-wise.
Choose the scheme you want to apply for.
Fill in the application form with the required information and upload the necessary documents.
Submit the form after ticking the declaration. Note the application number for tracking.Â
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Visit the Office/Sub-Office of the Department of Women and Child Development during office hours to collect the application form or print the form from the official website. Â
Fill in the form, attach your passport-sized photo, and include all required documents (self-attested, if needed). Â
Submit the completed form and documents to the Deputy Director (Women Development) or Child Development Project Officer at least 30 days before the marriage date. Â
Request a receipt or acknowledgment with the submission date, time, and any applicable reference number.Â
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Documents are a necessary part of the application process. So, while applying for this scheme, make sure to organize all these enlisted documents:
Certificate of Marriage Registration of parents
Income and Residence certificate from the Revenue Department
Certificate of Sterilization of either of the parents
Certificate of Age proof of parents
Certificate of Birth of Girl Child/Children
Copy of the family Ration Card
Photograph of the family
Grant of Incentive to the Family having One Girl/Two Girl Children and Parents who have undergone Family Planning is a great initiative by the Puducherry government to upgrade the status of girl child and provide strong financial support to their parents when it comes to family planning. This is one of the best government schemes for girl child, providing crucial financial aid and promoting a positive societal message. Along with this scheme, securing health insurance for your girl child is essential to ensure her well-being and safeguard her future. Health insurance provides financial protection during medical emergencies, ensuring access to quality healthcare when needed. Plan wisely for her overall growth and security.
The Deputy Director (Women Development)Â
Department of Women and Child Development, Puducherry.
The Child Development Project Officer, Karaikal
The Welfare Officer, Mahe/Yanam
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance
plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CARG 8%; ₹50,45,591 @ CAGR 4%
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
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^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
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