Child marriages were common in history. Historically, child marriage was common around the world, the average life expectancy did not exceed 50 years old, so child marriage was considered an effective practice to sustain population. In ancient and medieval societies it was common for girls to be betrothed at, or even before, puberty.
He can be reached at skukreja investitude. Later on, the government issued a notification to allow 80C exemption equal to the amount invested in the scheme up to Rs.
Now, the Finance Minister in his budget speech has proposed to make the interest component as well as the maturity proceeds as tax-free. I think this proposal has made this scheme to be the best small savings scheme available to the Indian investors. So, what is this scheme all about? Sukanya Samriddhi Yojana is a small savings scheme which Child free marriage be opened by the parents or a legal guardian of a girl child in any post office or authorised branches of some of the commercial banks.
Before I compare this scheme with PPF, let us first check the important features of this scheme. For initial operations of the scheme, one year grace period has been provided to make it 11 years of age.
With this one year grace period in age, which is valid up to December 1,you can get this account opened for a girl child who is born between December 2, and December 1, But, this rate is not fixed at 9. Prior to the budget announcement, 9.
Interest amount gets added to your balance amount in the account and compounded either monthly or annually, as per your choice. Monthly interest compounding will be done only on your balance amount on completed thousands. Duration of the Scheme — The scheme will mature on completion of 21 years from the date of opening of the account.
If the account is not closed on maturity after 21 years, the balance amount will continue to earn interest as specified for the scheme every year. In case the marriage of your daughter takes place before the maturity date i.
Deposit for 14 years only — Though the scheme has a duration of 21 years, you are required to make contributions only for the first 14 years, after which you need not deposit any further amount and your account will keep earning the interest rate applicable for the remaining 7 years.
Premature Closure — The account can also be closed prematurely as your daughter completes 18 years of age provided she gets married before the withdrawal.
As the maximum permissible age of the girl child is set as 10 years, the scheme effectively carries a minimum duration of 8 years i. So, effectively it has a complete lock-in period of at least 8 years, before which you cannot take out any money for any purposes.
Failure to do so will make your account inactive and it could be revived only after paying a penalty of Rs. Also, you can invest a maximum of up to Rs.
You can make your contribution to this account in as many number of times as you like. How many accounts can be opened? However, you can open three accounts if you are blessed with twin girls on the second occasion or if the first birth itself results into three girl children.
Nomination Facility — Nomination facility is not available in this scheme. In an unfortunate event of the death of the girl child, the account will be closed immediately and the balance will be paid to the guardian of the account holder.
Documents Required — Birth Certificate of the girl child, along with the identity proof and residence proof of the guardian, are the mandatory documents required to open an account under this scheme.
You can approach any post office or authorised branches of some of the commercial banks to get this account opened. Sukanya Samriddhi Yojana vs.Child marriage around the world. Child marriage is a truly global problem that cuts across countries, cultures, religions and ethnicities.
Child brides can be found in every region in the world, from the Middle East to Latin America, South Asia to Europe. Taken Into Custody: The War Against Fathers, Marriage, and the Family [Stephen Baskerville] on monstermanfilm.com *FREE* shipping on qualifying offers.
Taken into Custody' exposes the greatest and most destructive civil rights abuse in America today. Family courts and Soviet-style bureaucracies trample basic civil liberties. His reflections, including dealing with other people’s expectations, might be of interest to anyone contemplating either a “child free” marriage or other nontraditional paths.
Childless by Marriage In a society where parenting is expected, some of us do not have children because our partners are unable or unwilling to make babies.
That's what this blog and my book, Childless by Marriage, are about. Child marriage is a formal marriage or informal union entered into by an individual before reaching a certain age, specified by several global organizations such as UNICEF as minors under the age of The legally prescribed marriageable age in some jurisdictions is below 18 years, especially in the case of girls; and even when the age is set at 18 years, many jurisdictions permit earlier.
Before you judge or say "there's still time to change your minds," there are a few things I want you to know about my child-free marriage.