Hit enter to search or ESC to close
New Delhi. Union Finance Minister Nirmala Sitharaman on Wednesday announced the launch of ‘Mahila Samman Savings Certificate’ as a step of the government towards women empowerment during the budget in the Lok Sabha. Explain that through this small savings scheme, deposit facilities will be provided to women and girls.
Presenting the budget, Finance Minister Sitharaman said that a one-time investment scheme will be implemented to make women financially stronger. In this, up to Rs 2 lakh can be deposited at a time, on which 7.5 percent interest will be given. Women in rural areas will be financially strengthened through Mahila Samman savings certificate.
Will get 7.5 percent interest on depositsAnnouncing the Mahila Samman Savings Certificate, the Finance Minister said that under this scheme, women would be given a fixed rate of interest of 7.5 per cent with the option of partial withdrawal. The duration of this scheme has been kept for 2 years. At the same time, facility will be given to deposit an amount of up to Rs 2 lakh in the name of women or girls. In this way, if one invests 2 lakh rupees in this scheme for 2 years, then he will get a total interest of 30 thousand rupees.
Also read – Do expired medicines become poison? What to do if you eat it by mistake?
Self help groups are making strong base During the budget, the Finance Minister said that Deendayal Antyodaya Yojana National Rural Livelihood Mission has achieved remarkable success by organizing rural women into 81 lakh self-help groups. He further added “We will enable these groups to reach the next stage of economic empowerment through formation of large producer enterprises or clusters. Each of which will have thousands of members and will be managed professionally. They will be helped in supply of raw material and for better design, quality, branding and marketing of their products. Policies will be made for them which will enable them, like ‘unicorns’ and many successful start-ups, to scale up their operations to serve larger consumer markets.
Better than FD and other savings scheme?The new savings scheme being started for women is much better than the post office FD, because where 6.8 per cent interest is being received on two-year FD, this option is giving 7.5 per cent return. Similarly, 7.1 percent interest is being received on PPF, 7 percent on NSC, 7.2 percent on Kisan Vikas Patra, which is less than this.
First read breaking news in Presswire18 News Hindi| Read today’s latest news, live news updates, most reliable Hindi news website Presswire18 News.
Tags: budget 2023, business news, business news in hindi, finance minister, Finance Minister Nirmala Sitharaman, FM Nirmala Sitharaman, Nirmala Sitaraman, Women Empowerment
FIRST PUBLISHED : February 02, 2023, 15:09 IST
Photo: AP Google is working on more than 100 Indian languages Google will now work towards making Indian languages easier to search on the Internet than ever before. Giving information about this, Indian-origin Google...
Photo:FILE Rail Ticket Railways is used by every person to travel anywhere. Railway ticket prices are determined by the government. For this reason, no discount is available on it, but in today’s time many...
Photo:INDIA TV Delhi Kejriwal Government Delhi Kejriwal Government: A bad news is coming for the people of Delhi. The Delhi government has given its approval. If the Lieutenant Governor stamps it, then the people...