Bhagya Laxmi Yojana is a new scheme being planned by the Uttar Pradesh government led by Chief Minister Yogi Adityanath under which the mother of newly born girl child will get a bond of Rs. 50,000 and Rs. 5,100 in bank account. The women welfare department of UP government is working on finalizing the blue print under the Bhagya Laxmi Yojana (Money for Girl Child).
Bhagya Laxmi Yojana – Highlights
People belonging to Below Poverty Line families or earning less than Rs. 2 Lakh per annum would be eligible to avail the scheme benefits. Below are the main highlights of the Bhagya Laxmi Yojana.
- Only those living under BPL or whose annual income is less than Rs. 2 Lakh would be benefited under the scheme.
- The scheme would be implemented by the women welfare department of UP government. The department is finalizing the blue print of the scheme.
- Under the scheme, a bond of Rs. 50000 will be issued to mother of a newly born girl child and Rs. 5,100 would also be given.
- The parents of girl would get a total financial assistance of Rs. 2 Lakh by the time girl reaches age of 21 years.
Under Bhagya Laxmi Yojana, the assistance money would be provided to the parents as the girl child grows. When the girl reaches class 6th, parents would be provided Rs. 3000, followed by Rs. 5000 in 8th class, Rs. 7000 in class 10th and Rs. 8000 in class 12th. Total benefits of Rs. 2 Lakh would be provided to the parents of girl child by the time girl achieves 21 years of age.
Bhagya Laxmi Yojana will prove to be of great assistance to the people belonging to BPL families who are not able to afford the education expenses of girl child. The scheme is however, yet to be launched but will definitely a great move by the state government if implemented in an efficient and transparent manner.