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The Mahila Samman Savings Certificate Scheme: Encouraging Women’s Investments

Why the scheme is in the news?

At Sansad Marg Head Post Office, Smriti Irani opened a Mahila Samman Savings Certificate account.

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Ministry: – Ministry of Finance

Launch Year: – 2023

Implementing Body: – Banks and Post Office

Objectives: – to promote investments among women

Beneficiaries: – Women

Eligibility criteria: – The account can be opened by a woman for herself or by the guardian on behalf of a minor girl.

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