Know About Balika Samriddhi Yojana (BSY)

Know About Balika Samriddhi Yojana (BSY)

Balika Samriddhi Yojana was started in 1997. It is an important program of the government to raise the grade of the girl child in India. The scheme aims at changing the negative attitude of families and communities towards the girl child and to increase enrolment and retention of girls in schools. It also aims at increasing the age limit of the marriage of girls and to create income opportunities and activities. A series of incentives are included into the Yojana, such as a gift of Rs. 500/- to the mother on the delivery of a baby girl and the condition of an annual scholarship for the girl child education.

Balika Samriddhi Yojana
Balika Samriddhi Yojana

Part of the money given to the girl child at birth or in scholarships can be put aside for paying the quality on an insurance policy in the name of the girl child under the Bhagyashri Balika Kalyan Bima Yojna.

Under this scheme, the girl child can withdraw the scholarship amount and interest when she turns 18. If she marries or dies before she is eighteen the amount incurred in interest bearing account will be withdrawn.

In 1999-2000 the scheme was changed to benefit the girl child. Hence now the girl child can receive:

  • A post birth grant amount of Rs. 500/
  • Eligible for annual scholarships for education according to class

 

Class Amount of Annual Scholarship
I-III Rs. 300/- per annum for each class
IV Rs. 500/- per annum
V Rs. 600/- per annum
VI-VII Rs. 700/- per annum for each class
VIII Rs. 800/- per annum
IX-X Rs. 1000/- per annum for each class

 

Objectives of the Scheme

  • The main aim of the scheme is to change the negative attitude of the Indian families and community towards the girl child.
  • To improve enrollment and selection of girl children in schools
  • To increase the age-limit in marriage of girls
  • To assist the girl to undertake income generating activities

 

Eligibility Criteria 

  • The girl child must belong to the family below the poverty line (BPL) as defined by the Government of India
  • The applicant must be from the rural areas and urban areas and must be born on or after 15th August 1997.
  • Benefits under BSY will be restricted to two girl children in each household born on or after 15th August 1997.
  • The selection will be of only two girls per house which will be irrespective of the total number of children in the household

Application: 

Application forms should be submitted in prescribed form and available at free of cost. It can also be made on photocopies or handwritten/typed forms in the prescribed format.

Application Form for obtaining the post-birth benefit of Rs. 500/- (for rural areas) –   Download here

Application Form for obtaining the post-birth benefit of Rs. 500/- (for urban areas) – Download here

FUNDS

Prior to 1999-2000, funds were being released to the Additional Deputy Commissioners by the Government of India.

The year-wise expenditure and receiver are as under:-

Sr. No. Year Amount released by GOI (Rs. in lacs ) Beneficiaries covered
1. 1997-98 86.49 2738
2. 1998-99 59.29 7765
3. 1999-2000 57.66 6673
4. 2000-01 25.00 2889
5. 2001-02 9166
6. 2002-03 6696
7. 2003-04 7441
8. 2004-05 63.29 2337 (tentative)

 

Leave a Reply

Your email address will not be published. Required fields are marked *