IndiaAI Mission and NHA felicitate Winners of AB PM-JAY Auto-Adjudication Hackathon (See 'Corp Brief') Jammu-Srinagar Vande Bharat Express Services serve around 45,000 Pax in first 10 Days of its Run (See 'Corp Brief') National Conference held on nationwide EV Charging Infrastructure under E-DRIVE Scheme (See 'Corp Brief') IPR - Computer-related invention which merely uses algorithm to colour-code message recipients based on message address characteristics, does not become patentable: HC (See 'Legal Desk') NHAI successfully defends arbitration claims in Panipat–Jalandhar Highway Disputes (See 'Corp Brief') Kumaraswamy announces Rs 123 Crore EV Charging Boost for Karnataka (See 'Corp Brief') Pradhan addresses Bharat Innovates 2026 High-level Diplomatic Conclave (See 'Corp Brief') AIIMS New Delhi has always been more than a hospital - a brand in itself: Nadda (See 'Corp Brief') Misc - If Union of India claims title over land on basis of old government grant and subsequent constitutional vesting, it must prove that title in fact remained vested in Government: HC (See 'Legal Desk') CCI approves acquisition of Kenvue Inc. by Kimberly-Clark (See 'Corp Brief') CCI approves Adani Power to buy stake of GVK Energy (See 'Corp Brief') IBC - If transaction was builder-linked contractual arrangement rather than pure financial debt default, Section 7 IBC proceedings cannot be used in parallel with DRT recovery proceedings: SC (See 'Legal Desk') CCI approves acquisition of stake in Llyods Engineering by Thriveni Earthmovers (See 'Corp Brief') CCI approves acquisition by CPPIB India in Ctrl S Datacenters (See 'Corp Brief') Govt pushes India Post toward Corporate-Style Efficiency (See 'Corp Brief') IPR - Use of house mark does not by itself obviate infringement or passing off: HC (See 'Legal Desk') Present petro conservation intended towards long-run capacity building: RM (See 'Corp Brief') Atal Innovation Mission hosts AIM Sumvaad- Central India to strengthen regional incubators (See 'Corp Brief') FERA - Foreign judgment is unenforceable in India as it fell within exceptions u/s 13 CPC: SC (See 'Legal Desk') Forum of Regulators celebrates 21 Years of strengthening India's Power Sector (See 'Corp Brief') A&C - Once seat of arbitration is expressly designated by agreement of parties, that seat becomes juridical home of arbitration and operates akin to exclusive jurisdiction clause: SC (See 'Legal Desk') Supreme Court lays down scenarios for lifting of Doctrine of Corporate Veil (See 'CORP EINSICHTf') Fisheries Secy visits ornamental fish brood bank in Maharashtra (See 'Corp Brief') Company Law - For purpose of maintainability of petitions u/s 397 & 398, expression ‘member' is not to be confined only to formal entry in register of members u/s 41(2): SC (See 'Legal Desk') Over 3,500 Participants compete in AB PM-JAY Hackathon (See 'Corp Brief') Scindia, Fadnavis inaugurate renovated Andheri RS Post Office as Future-Ready Service Hub (See 'Corp Brief') IBC - While subsidiary companies are separate legal entities, corporate veil may be lifted if associated companies are inextricably connected so as to form one concern: SC (See 'Legal Desk')

Print

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

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.