Prime Minister Narendra Modi on Monday said that our government is committed to respecting and empowering women. PM Modi also said that “Mahila Samman Bachat Patra” launched by India Post is the best example.
Ministry of Finance issued the Gazette Notifications for Mahila Samman Savings Certificates, 2023 and has been made available in 1.59 lakh post offices immediately, as per an official release. The scheme was announced in the 2023-24 Budget by the Union Finance Minister to commemorate ‘Azadi Ka Amrit Mahotsav’ and is a significant step towards financial inclusion and empowerment of women, including girls.
In reply to the tweet thread by India Post, the Prime Minister tweeted, “Our government is committed for the respect and empowerment of women and “Mahila Samman Bachat Patra” is the best example of this.”
Ministry of Finance issued the Gazette Notifications for Mahila Samman Savings Certificates, 2023 and has been made available in 1.59 lakh post offices immediately. The scheme was announced in the 2023-24 Budget by the Union Finance Minister to commemorate ‘Azadi Ka Amrit Mahotsav’ and is a significant step towards financial inclusion and empowerment of women, including girls.
The two-year tenure scheme offers an attractive and fixed interest of 7.5 cent interest compounded quarterly with flexible investment and partial withdrawal options with a maximum ceiling of Rs two lakh. The scheme is valid for a two-year period upto 31st March 2025.
