{"id":224684,"date":"2023-02-02T19:06:40","date_gmt":"2023-02-02T13:36:40","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=224684"},"modified":"2023-02-22T11:32:34","modified_gmt":"2023-02-22T06:02:34","slug":"women-get-a-one-time-small-savings-scheme","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/women-get-a-one-time-small-savings-scheme\/","title":{"rendered":"Women get a one-time small savings scheme"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article<\/span><b> \u201cWomen get a one-time small savings scheme<\/b><b>\u201d<\/b><span style=\"font-weight: 400;\"> published in<\/span><b> The Hindu <\/b>on<b> 2nd February 2023.<\/b><\/p>\n<h2><b>What is the News?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">In the Union Budget 2023-24, the Finance Minister has announced a new small savings scheme for women called Mahila Samman Saving Certificate(MSSC).<\/span><\/p>\n<h2><b>What is a Mahila Samman Saving Certificate(MSSC)?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">It is a one time small saving scheme for women.<\/span><\/p>\n<h2><b>Key Features of the scheme:\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The scheme <\/span><span style=\"font-weight: 400;\">will be made available for a two-year period up to March 2025.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It will have a fixed interest rate of 7.5% for two years.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The deposit can be made in the name of a woman or a girl child.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The maximum deposit amount has been kept at \u20b92 lahks and the scheme will have a partial withdrawal facility as well.<\/span><\/p>\n<p><b>Significance of the scheme: <\/b><span style=\"font-weight: 400;\">Mahila Samman Savings Certificate with a higher rate of interest will encourage more women to adopt formal financial saving instruments.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201cWomen get a one-time small savings scheme\u201d published in The Hindu on 2nd February 2023. What is the News? In the Union Budget 2023-24, the Finance Minister has announced a new small savings scheme for women called Mahila Samman Saving Certificate(MSSC). What is a Mahila Samman Saving&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/women-get-a-one-time-small-savings-scheme\/\">Continue reading <span class=\"screen-reader-text\">Women get a one-time small savings scheme<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,956,9],"tags":[10498],"class_list":["post-224684","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-schemes-and-programs","category-public","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/224684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=224684"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/224684\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=224684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=224684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=224684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}