Mother’s Day Special: Top Government Schemes Offering Financial Help for Children, Check Now – Breaking News & Live Updates Today

By Samira Vishwas On May 10, 2026

The Indian government has implemented numerous schemes aimed at benefiting its citizens. Various schemes are tailored for different demographics, including the elderly, women, and those under 18 years of age. Additionally, there are other government initiatives available.

Government Schemes for Children: Today is a special day. In 10th May the ‘Mother’s Day’ is celebrated. For every mother, planning for a safe and prosperous future for her child is a great gift on this special occasion. If you also wish to build a good future for your child, there are some schemes where you can invest a small amount of money. After a certain age, that money will multiply several times and reach your child.

These initiatives specifically target children under 18. Many families find these schemes advantageous. If you have children under this age in your household, these programs can be incredibly beneficial for them. Let’s explore what these schemes entail and how you can take advantage of them.

NPS Vatsalya Scheme

This year, the Government of India introduced a dedicated scheme for children designed to enhance their future prospects. This initiative is known as the NPS Vatsalya Yojana. Parents or guardians can open an account for children who are under 18 years old. The minimum investment required is Rs 1,000, with no upper limit on the investment. When the child turns 18, the NPS Vatsalya Yojana account will automatically transition into a mature NPS account.

ppf

Children under 18 can also invest in a PPF account, which helps them save effectively for their future. The interest accrued on this account is tax-exempt. Parents can open a PPF account for their children, with a minimum investment of Rs 500 and a maximum of Rs 1.50 lakh.

Sukanya Samriddhi Yojana

The Indian government has introduced a new initiative called the Beti Bachao Beti Padhao scheme. This program enables parents to save for their daughters’ futures, covering aspects like education and marriage. You can establish an account at any post office or bank until your daughter reaches the age of 10. Under this scheme, you can deposit a minimum of Rs 1,000 and a maximum of Rs 1.50 lakh.

Mutual Funds

Equity mutual funds present an excellent investment opportunity for children. They provide substantial returns on investments. Investing in equity funds can yield impressive returns ranging from 12 to 15 percent annually.

National Savings Certificate

The National Savings Certificate is an excellent investment scheme offered by the Government of India. It allows you to accumulate a substantial amount of funds for your child’s future. This scheme also allows you to save on taxes. This scheme has a lock-in period of five years.