Shri Siddhivinayak Bhagyalakshmi Yojana: ₹10,000 for Daughters Born on Women’s Day

The Shri Siddhivinayak Bhagyalakshmi Yojana offers ₹10,000 fixed deposits for girls born on March 8 in Maharashtra's government hospitals. This initiative by the Siddhivinayak Temple Trust supports girl child education, with funds accessible after 18 years.

  • Shri Siddhivinayak Bhagyalakshmi Yojana launched for newborn girls in Maharashtra.
  • ₹10,000 fixed deposit for girls born on International Women’s Day (March 8) in government hospitals.
  • The deposit matures after 18 years and can only be used for the girl’s education.

In Maharashtra, following the popularity of schemes aimed at benefiting women, the Shree Siddhivinayak Ganapati Temple Trust has decided to implement the Shri Siddhivinayak Bhagyalakshmi Yojana for the bright future of newborn girls in state. Under this scheme, a fixed deposit of ₹10,000 will be made in the name of newborn girls born in government hospitals on International Women’s Day (March 8).

What is Shri Siddhivinayak Bhagyalakshmi Yojana?

Shri Siddhivinayak Bhagyalakshmi Yojana is an initiative by the Siddhivinayak Temple Trust in Mumbai. Under this yojana, a fixed deposit of ₹10,000 will be made in the name of girls born in the state on March 8, which is celebrated as International Women’s Day. The trust has submitted this proposal for the approval of the state government.

Key Aspects of Shri Siddhivinayak Bhagyalakshmi Yojana

  • Yojana Approval: The ‘Bhagyalakshmi Yojana’ has been approved in a meeting of the Shree Siddhivinayak Trust’s Board of Trustees under the chairmanship of President Sadanand Sarvankar.
  • Usage of Amount: The amount can be used only for girl’s education after maturity of 18 years.
  • Government Approval: This proposal has been sent to State Government and the norms of yojana will be declared soon after approval.

How to Avail Benefit of the Yojana?

A fixed deposit of ₹10,000 will be made in name of girls born on March 8. This decision has been taken by trust to promote ‘Beti Bachao, Beti Padhao’ campaign.

Increase in Temple Trust Income

Shree Siddhivinayak Ganapati Temple Trust has seen a record increase in its annual income for the financial year 2024-25, reaching ₹133 crores. This is a 15% increase as compared to the previous year. Planned management and enthusiastic response from devotees have resulted in higher-than-expected income. The trust expects an income of ₹154 crores for upcoming financial year 2025-26.

ParticularDetails
Scheme NameShri Siddhivinayak Bhagyalakshmi Yojana
Launched byShree Siddhivinayak Ganapati Temple Trust
BeneficiariesNewborn girls born on March 8 in Maharashtra
Benefit₹10,000 fixed deposit
Maturity18 years
Purpose of AmountEducation of the girl child

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