CCI okays ICICI Prudential to take over certain businesses of ICICI Venture (See 'Corp Brief') CCI allows Jindal Jhajjar to acquire Jhajjar Power (See 'Corp Brief') CCI approves acquisition of Toyota Industries by Toyota Asset Preparatory (See 'Corp Brief') IPR - If mark 'SACHAMOTI' and copyright in label are registered in favour of respondent, same shall enure to benefit of respondent insofar as rights flowing u/s 28 of Trade Marks Act is concerned: HC (See 'Legal Desk') India is entering golden era of defence innovation: RM (See 'Corp Brief') Last date to opt for UPS inches near (See 'Corp Brief') Goyal addresses National Conference of Trade Leaders (See 'Corp Brief') Benami - Provisional attachment shall be quashed, if property which was provisionally attached is neither Benami nor transaction which has occurred with respect to said property is benami: SAFEMA (See 'Legal Desk') MoS announces Rs.720 Crore Quantum Fabrication facilities at IIT Bombay (See 'Corp Brief') India, Afghanistan to deepen cooperation in Textile Sector (See 'Corp Brief') MoS lauds Quantum sensing breakthroughs by IIT, inaugurates first Liquid Helium Cryogenic facility (See 'Corp Brief') Evidence-Based Ayurvedic Products are Future of Wellness: Jadhav (See 'Corp Brief') Hotel, Industry & farmers partnerships is Critical for mutual growth: Agri Secy (See 'Corp Brief') MeitY launches Cyber Security Innovation Challenge (See 'Corp Brief') India-Oman Joint Military Cooperation Committee meeting held in New Delhi (See 'Corp Brief') A&C - Once right to file written statement is closed, application under Section 8 of Arbitration and Conciliation Act seeking reference to arbitration is not maintainable: HC (See 'Legal Desk') 'Workers are the miners of nation-building': Sonowal (See 'Corp Brief') India strengthens Textile and Sericulture Cooperation with Georgia (See 'Corp Brief') J&K to host launch of First Limestone Block Auction Roadshow (See 'Corp Brief') Indian Railways crosses 1 Billion Tonne Freight Loading in FY 25-26 (See 'Corp Brief') FEMA - Indian currency falls within scope of 'property' u/s 63 of FERA, empowering authorities to confiscate it when used in contravention of law: HC (See 'Legal Desk') IICA, DGR conclude Certification Program for senior Defence Officers (See 'Corp Brief') Op Drishti: Over 400 surgeries performed at Northern Command, J&K (See 'Corp Brief') ILO welcomes India's Labour Codes (See 'Corp Brief') Limitation Act - provisions of Limitation Act cannot be applied beneficially in favor of a petitioner who demonstrates mala fide intentions, including tampering with official documents: HC (See 'Legal Desk') Government intervention and Corporate governance (See CORP EINSICHT)

1.42 Cr new accounts opened under Sukanya Samriddhi Account

Published: Dec 06, 2021

By TIOLCorplaws News Service

NEW DELHI, DEC 06, 2021: THE number of new accounts opened under Sukanya Samriddhi Account (SSA) from 01.04.2018 to 31.10.2021 is 1,42,73,910. This was stated by Union Minister of State for Finance, Pankaj Chaudhary, in written reply to a question in Lok Sabha today.

The Minister stated details of States with the highest and lowest number of accounts under SSA as on 31.10.2021 as below:

Statement Showing details of States with highest number of accounts

S. No.

Name of the State/UT

No of Accounts as on 31.10.2021

  1.  

Uttar Pradesh

29,12,632

  1.  

Tamil Nadu

26,03,872

  1.  

Maharashtra

23,13,584

  1.  

Madhya Pradesh

22,17,375

  1.  

Karnataka

21,08,078

Statement Showing details of States with lowest number of accounts

S. No.

Name of the State/UT

No of Accounts as on 31.10.2021

  1.  

Lakshadweep

331

  1.  

Andaman and Nicobar Islands

5,305

  1.  

Ladakh

6,209

  1.  

Mizoram

10,204

  1.  

Sikkim

11,455

The Minister stated that the reasons for varying number of accounts in different states could be the size of the population, ability and willingness of parents to save etc.

The Minister stated details of the distribution proportion of public and private banks in number of accounts since launch of the scheme till 31.10.2021 as below:

S. No.

Name of the Bank

Distribution proportion in per cent

  1.  

Public Banks

96.24

  1.  

Private Banks

3.76

Note: While calculating distribution proportion, accounts opened under SSA in various Post Offices have not been considered.

TIOL CORP SEARCH

TIOL GROUP WEBSITES