Lok Sabha Question No. 1174 (UNSTARRED), answered on 2021-12-06
Subject: Accounts Opened under SSY
Ministry: FINANCE
Asked by: Parvesh Sahib Singh

No.1174

## SHRI PARVESH SAHIB SINGH VERMA

Will the Minister of FINANCE be pleased to state: -

- (a) the new accounts opened under the Sukanya Samriddhi Yojana (SSY) since 2018, which was launched to provide stable collections for future expenses of the female children;
- the details of the distribution proportion of private and public scheduled banks opening accounts under the scheme?
- b) the details of States with the highest and lowest number of accounts opened under the scheme along with the reasons therefor; and

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY)

- a) The new accounts opened under Sukanya Samriddhi Account (SSA) from 01.04.2018 to 31.10.2021 is 1,42,73,910.
- b) The details of States with the highest and lowest number of account under SSA as 31.10.2021 is given below:

| Statement Showing details of States with highest number of accounts   | Statement Showing details of States with highest number of accounts   | Statement Showing details of States with highest number of accounts   |
|-----------------------------------------------------------------------|-----------------------------------------------------------------------|-----------------------------------------------------------------------|
| S.No                                                                  |                                                                       | No of Accounts as on 31.10.2021                                       |
|                                                                       | Uttar Pradesh                                                         | 29,12,632                                                             |
| 2                                                                     | Tamil Nadu                                                            | 26,03.872                                                             |
| 3                                                                     | Maharashtra                                                           | 23,13,584                                                             |
|                                                                       | Madhya Pradesh                                                        | 22,17,375                                                             |
| 5                                                                     | Karnataka                                                             | 21.08,078                                                             |

## Government 0f India Ministry of Finance Department of Economic Affairs

## LOK SABHA UNSTARRED QUESTION NO.H174

TO BE ANSWERED ON MONDAY DECEMBER 6, 2021/Agrahayana 15, 1943(SAKA)

## ACCOUNTS OPENED UNDER SSY

| Statement Showing details of States with lowest number of accounts   | Statement Showing details of States with lowest number of accounts   | 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                                      |
|                                                                      | Lakshadweep                                                          | 331                                                                  |
| 2                                                                    | Andaman and Nicobar Islands                                          | 5,305                                                                |
| 3                                                                    | Ladakh                                                               | 6,209                                                                |
| 4                                                                    | Mizoran                                                              | 10,204                                                               |
| 5                                                                    | Sikkim                                                               | 11,455                                                               |

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

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

| S.No.   | Name of the Bank   |   Distribution proportion in per cent |
|---------|--------------------|---------------------------------------|
|         | Public Banks       |                                 96.24 |
| 2       | Private Banks      |                                  3.76 |

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