If you’re a woman looking to improve your financial situation, the government offers several schemes designed to support and empower you.
These initiatives aim to make women more self-reliant and provide financial assistance. Here are four key schemes available to women:
Majhi Ladki Bahin Yojana
Launched by the Maharashtra government in August 2023, the Majhi Ladki Bahin Yojana targets women in the state.
Women between the ages of 21 and 65 can apply for this scheme, provided their family income does not exceed Rs 2.5 lakh per year.
Eligible women will receive Rs 1500 per month directly in their bank accounts, offering much-needed financial help.
The deadline for applications has been extended until November 2024, so interested women should apply soon.
Subhadra Yojana
The Subhadra Yojana, launched by the Odisha government, aims to support women between 21 and 60 years of age.
Under this scheme, eligible women will receive Rs 10,000 annually in two installments. Over five years, this will amount to Rs 50,000.
A unique feature of the scheme is the Subhadra debit card, which transfers funds directly to the woman’s bank account.
Additionally, women who make the most digital transactions in their village or city will receive an extra Rs 500 as a reward.
Mahila Samman Saving Certificate
Introduced in 2023, the Mahila Samman Saving Certificate offers a great opportunity for women to save money.
Women can invest up to Rs 2 lakh in this small savings program, which offers an interest rate of 7.5% per year.
This scheme lasts for two years, providing good returns on relatively low investment. It is available to women across India, offering a safe and profitable way to grow their savings.
Sukanya Samriddhi Yojana
The Sukanya Samriddhi Yojana is designed to secure the future of young girls. This scheme offers an interest rate of 8.2% with a minimum annual investment of Rs 250
and a maximum of Rs 1.5 lakh. It is available to parents of daughters under the age of 10.
The scheme ensures financial security for girls and offers tax benefits under Section 80C of the Income Tax Act.
Investments can be made for up to 14 years, and the account matures when the daughter turns 21 years old.
These government schemes are excellent opportunities for women to receive financial assistance, save money, and secure a better future.
