Balika Samridhi Yojana (BSY)

The Government of India has launched an assistance scheme entitled ”Balika Samridhi Yojana” to raise the status of the girl children. Under this scheme, the Government financially assist the families on birth of the first girl child. This scheme aims to support the economic empowerment of people belonging to the Scheduled Caste (SC) those who are living below the poverty line. In this article, we look at the amount of assistance, eligibility and application procedure of Balika Samridhi Yojana in detail. To know about Support to Training and Employment Programme for Women (STEP) Scheme

Objective of the Scheme

The primary objective of the Balika Samridhi Yojana is to eliminate child mortality rate and child marriage cases in society. This scheme aims to promote girl child ratio and also promotes girls education in the state. This scheme assists the girl to undertake income-generating activities. This scheme is implemented in both rural/urban areas.

Eligibility Criteria

The below following are the criteria required to apply for the Balika Samridhi Yojana (BSY):

A family must belong to the Economically Weaker Section (EWS).
The Below Poverty Line (BPL) families are eligible for this scheme.
The applicant should be financially vulnerable.
The beneficial couple should not be income taxpayers.
The applicant must not receive any financial assistance or pension from the Government or other local bodies of Governments.
The scheme offers money to only those students who will complete their high school education.
In the case of more than 2 female students from a family will be not allowed to attain this benefit.
The annual income of the parents, should not cross the limit of Rs.2 lakhs mark.

Financial Assistance

The amount to 1st and 2nd daughters of the family would be given in the following manner:

Class	Amount Details
From Class 1st Std. to 3rd Std.	INR 300 per annum for each class
Class 4th Std.	INR 500 per annum
Class 5th Std.	INR 600 per annum
Class 6th Std. to 7th Std.	INR 700 per annum for each class
Class 8th Std.	INR 800 per annum
From class 9th Std. to 10th Std.	INR 1000 per annum for each class

Documents Required

The applicants must furnish the below following documents along with the Application Form to apply for the Balika Samridhi Yojana:

Identity Proof: PAN Card, Aadhar, Driving License, Voter ID Card, etc.
Address Proof: Aadhar, Valid Passport, Utility bill, Property tax bill, etc.
Income Certificate
Resident Document
Recent passport size photographs
Financial background of applicants (BPL Certificate)
School Admission documents/Final examination mark sheets
Adoption certificate of guardian
Bank passbook or parent/guardian’s bank passbook
Any other documents (if required)

Key Features of the Balika Samridhi Yojana

The below following are the key features of the scheme:

This scheme aims to create sustainable growth of all these people that further helps with improving their standard of living in society.
With the implementation of this scheme, the Government will offer financial assistance to the parents of female students as they receive the amount to send their girls to school.
This scheme eliminates the social evils in the society and helps the girls with a better standard of living.
The beneficiaries will get the subsidy in their account at the fixed time frame by the government.
This scheme is being implemented through Integrated Child Development Services (ICDS) infrastructure in rural regions and through functionaries of the Health Department in urban zones.

Note: The parents will receive the instalments whereas if the third child is a girl, then the parents would not receive the benefit of further instalments in the scheme.