Sukanya Samriddhi Yojana was launched in which year?

The government introduced new rules for the Sukanya Samriddhi Yojana (SSY), effective from 1 October 2024. SSY, launched in 2015 under the “Beti Bachao Beti Padhao” campaign, is a small-deposit savings scheme for girl children. Guardians can open an SSY account for their girl child, who must be under 10 years old and an Indian resident. The scheme allows a minimum deposit of ?250 and a maximum of ?1.5 lakh annually, with deposits for 15 years and maturity at 21 years. Partial withdrawal up to 50% is allowed for education after age 18. SSY offers tax benefits under Sections 80C and 10 of the Income Tax Act. New rules require the transfer of guardianship from grandparents to legal guardians or parents, else the account will be permanently closed.