Mukhyamantri Bhagyalaxmi Bond Scheme (GBOCWWB)

About This Scheme

The “Mukhyamantri Bhagyalaxmi Bond Scheme” is implemented by the Gujarat Building and Other Construction Worker’s Welfare Board (GBOCWWB), Labour, Skill Development & Employment Department, Government of Gujarat. The scheme has been implemented with the objective of "Beti Bachao Beti Padhao" to prevent female foeticide and to meet the education and marriage expenses of the daughter of a construction worker. Under the scheme, a bond is provided in the name of the first girl child, of age up to 1 year of age, of the registered Building and Other Construction Workers.

Eligibility

1. The construction workers registered with the Gujarat Building and Other Construction Worker’s Welfare Board will be eligible to get the benefit of this scheme. 1. The construction workers are eligible to avail the benefits of the scheme in the event of the birth of a girl child. 1. The benefit of the scheme is given upto one girl child. 1. The application form should be made within 12 months from birth.

Benefits

1. Under the scheme, a bond of ₹25,000/- or of the amount as resolved from time to time, with maturity at 18 year of the age of the girl child, upto one girl is given to the registered Building and other Construction workers. 1. The amount can be withdrawn by the daughter after completing 18 years of age.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.