Income Schemes

Prime Minister Narendra Modi on Wednesday said more than four crore accounts have been opened under the Sukanya Samriddhi scheme so far and more than Rs 3.25 lakh crore has been deposited in these accounts. In his address at the birth centenary celebrations of Sri Satya Sai Baba, Modi also said in Indian tradition, cows are considered a symbol of life, prosperity and compassion as they help in the financial, nutritional and social well-being of these families. "Ten years ago, the Indian government started the Sukanya Samruddhi Yojana for the education and betterment of daughters. This is one of the plans of the country in which our daughters get the highest interest rate of 8.2 per cent. So far, more than four crore accounts have been opened under the Sukanya Samruddhi Yojana. And you will be happy to know that more than Rs 3.25 lakh crores has been deposited in these bank accounts," Modi said. On cow protection, Modi said a few years ago, under the National Gokul Mission, more th

The government on Monday left interest rates unchanged for various small savings schemes, including PPF and NSC, for the sixth straight quarter beginning July 1, 2025. "The rates of interest on various Small Savings Schemes for the second quarter of FY 2025-26 starting from 1st July, 2025 and ending on 30th September, 2025 shall remain unchanged from those notified for the first quarter (1st April, 2025 to 30th June, 2025) of FY 2025-26," the finance ministry said in a notification. As per the notification, deposits under the Sukanya Samriddhi scheme will attract an interest rate of 8.2 per cent, while the rate on a three-year term deposit remains at 7.1 per cent prevailing in the current quarter. The interest rates for popular Public Provident Fund (PPF) and post office savings deposit schemes, too, have been retained at 7.1 per cent and 4 per cent, respectively. The interest rate on the Kisan Vikas Patra will be 7.5 per cent, and the investments will mature in 115 months. The ..

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