BANKING AFFAIRS

Detailed explanation-1: -BBBP addresses the declining Child Sex Ratio (CSR) and related issues of women empowerment over a life-cycle continuum. It is a tri-ministerial effort of Ministries of Women and Child Development, Health & Family Welfare and Human Resource Development.

Detailed explanation-2: -The Beti Bachao, Beti Padhao (BBBP) Scheme has been introduced in October, 2014 to address the issue declining Child Sex Ratio (CSR). This is being implemented through a national campaign and focussed multi sectoral action in 100 selected districts low in CSR, covering all States and UTs.

Detailed explanation-3: -Benefits Of Beti Bachao Beti Padhao Scheme Only the girl child will be allowed to withdraw from this account on turning 18 years of age. The maximum deposit limit per year is ₹1.5 Lakh. The scheme has a 7.6 percent per annum rate of interest that promises the girl financial security.

Detailed explanation-4: -In this background, Beti Bachao Beti Padhao (BBBP) Scheme was launched by the Hon’ble Prime Minister on 22nd January, 2015 in Panipat, Haryana to address the issue of decline in CSR and related issues of empowerment of girls and women over a life cycle continnum.