JANAKPUR: The daughter education insurance scheme that was halted for the past two years due to COVID-19 has resumed in Madhes Province.
Education Director of the Education Development Directorate, Madhes Province, Chuda Mani Phuyal shared this information amid a function held in Janakpur, adding that an agreement in this regard has reached with Global IME Bank.
Director Phuyal, on behalf of the provincial government, and Global IME Bank Province Chief Sujan Shrestha signed the agreement. Those baby girls born on January 15 and thereafter would be covered by the scheme.
The Madhes government has to deposit the total Rs 37,457 in premium per insured, for which the beneficiary will get back Rs 300,000 each after 20 years.
Launched by the Madhes provincial government, President Bidya Devi Bhandari on February 21, 2019, inaugurated the scheme under the ‘Chief Minister Beti Padhau, Beti Bachau’ (Educate girl, Save girl).