Sukanya Samriddhi Yojana Deposits Cross ₹3.25 Lakh Crore; PM Modi Shares Major Milestone

Prime Minister Narendra Modi on Wednesday revealed that deposits under the Sukanya Samriddhi Yojana (SSY) have crossed a major milestone of ₹3.25 lakh crore, with over four crore accounts opened across the country. The announcement came during his address at the birth centenary celebrations of Sri Sathya Sai Baba in Puttaparthi, Andhra Pradesh.

Highlighting the significance of the scheme, PM Modi said that SSY remains one of India’s most rewarding financial plans for the girl child, offering an 8.2% interest rate, the highest among small-savings schemes. He emphasised that the initiative has quietly grown into one of the country’s strongest social-security tools ensuring financial security for young girls.

A Decade of Impact

Launched nearly ten years ago, the Sukanya Samriddhi Yojana allows parents or guardians to open a savings account in the name of a girl child until she turns 10. Deposits can be made until she turns 15, with maturity benefits available after she reaches adulthood. The scheme supports long-term planning for education and marriage, making it one of the cornerstone programmes under the government’s Beti Bachao Beti Padhao initiative.

PM Modi described the steady rise in deposits as a “strong signal of trust” among families and noted that the scheme has helped transform the financial future of millions of girls.

PM Highlights National Gokul Mission Achievements

During his address, the Prime Minister also spoke about efforts under the National Gokul Mission, aimed at boosting cattle welfare and dairy productivity. He said over 480 cows had been distributed in Varanasi and shared details of traditional practices being revived in Vrindavan, including gifting first-born calves to other families.

Modi described the cow as a symbol of “life, prosperity and compassion,” emphasising its cultural significance and its role in rural economic stability.