Bhagyalakshmi scheme was launched during 2006-07 with an objective to promote the birth of girl children in below poverty line families and to raise the status of the girl child in the family in particular and society in general.All girl children born in below poverty line families after 31.03.2006 are eligible to be enrolled as beneficiaries under the scheme which is allowed upto one year of the birth of the girl child on production of birth certificate. The benefits are restricted to two girl children in a BPL family.
The father or mother of the beneficiary girl child should have undergone terminal family planning method and the total number of children should not exceed three.The beneficiaries will be registered after complete verification and an amount of Rs. 10,000/- is deposited in the name of each eligible beneficiary with the financial partner institution. When the girl attains the age of 18 years, the maturity amount together with the accruded interest i.e. an amount of Rs.34,751/- and if the second child in the same family in enrolled under the scheme, an amount of Rs. 40,918/- will be paid to the beneficiary. Interim benefits such as scholarship and insurance will be provided on full fillings the conditions specified in the scheme.
Maximum amount of Rs.25,000/-will be paid to girl child under Health insurance. An amount of Rs.42,500/- will be paid if insured parent expires. (natural/normal)and an amount of Rs.1.00 lakh will be paid if the death is due to accident.
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Working in National Informatics Centre, Udupi Unit as District Informatics Officer
