Shishu Samriddhi Yojana: FD will be opened in the name of the child as soon as it is born, these people will get the benefit...


Often parents are not able to save or invest from the very beginning for the future of their children. And sometimes there is a lot of delay in investing in the name of children. But along with the Centre, the governments of many states run such schemes, under which parents can start deciding the path of investment for the future of their children as soon as possible. However, the objective behind the scheme we are talking about here is not only to provide financial assistance for the future of children but also to increase the population. Actually, the government of Sikkim has announced one such scheme (Shishu Samriddhi Yojana), through which the government wants to encourage the population growth of the state in a way.


In fact, according to the 2011 census, the population of the Himalayan state is the lowest in the country at 6.10 lakh. The Tamang-led government is taking several steps to encourage couples to have more children to address the concerns of the increasing population.

FD Scheme for newborn baby
The government of Sikkim will make a fixed deposit of Rs 10,800 in the name of newborn babies. Sikkim Chief Minister Prem Singh Tamang on Monday announced a new scheme (Shishu Samriddhi Yojana) under which the government will make a fixed deposit of Rs 10,800 in the name of a newborn baby. Addressing the 'Jan Bharosa Sammelan' in Soreng, Tamang announced the 'Sikkim Shishu Samridhi Yojana' ahead of the assembly elections in the state. He said that money can be withdrawn after completion of the fixed deposit and when the child turns 18 years old.

That is, under this scheme, the government will make a fixed deposit of Rs 10,800 in the name of any couple on the birth of a newborn child, and when the child becomes an adult i.e. 18 years of age, then he will be able to withdraw money from this account as per his rights. Now, it is not yet clear how much interest will be given on this FD, whether the maturity period will be 18 years, or whether any other facilities will also be provided. It is possible that the government will soon release detailed information about the scheme.
Many other announcements for population growth

Efforts to encourage population growth include additional salary increases for government employees with two or three children, one year's maternity leave for female government employees, and financial grants for non-working mothers. Tamang had said last year, “The low fertility rate among the local indigenous population in Sikkim is a matter of serious concern. We must take all necessary steps to reverse this.


Apart from this, the Chief Minister said during the program in Soreng that about 25,000 temporary government employees who have completed four years in service will submit a memorandum for regularization at Rangpo on February 29. Earlier this month, the state cabinet approved the regularization of government employees and the restoration of the old pension scheme. The Chief Minister has also announced that Rs 48 lakh will be spent on the construction of homestays which will generate employment opportunities and promote tourism in the state. Tamang inaugurated a fire station in Soreng district. It has been constructed in Sigling at a cost of Rs 5.5 crore. The building also has residential quarters and toilets among other facilities.

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