The Economic Times

Sukanya Samriddhi Yojana interest rate: Will government increase SSY interest rate to attract more subscriptions?

Sukanya Samriddhi Yojana is a small savings scheme of the central government. The objective of Sukanya Samriddhi Yojana is to encourage families to invest in the education of a girl child. Data presented in Lok Sabha shows a consistent year-on-year increase in both the number of accounts opened and total deposits since the scheme's 2015 launch.