India, July 19 -- Under the Delhi goverment's proposed Delhi Lakshmi Yojana, women beneficiaries may be allowed to withdraw only Rs.1,000 of the promised Rs.2,500 monthly financial assistance immediately, while the remaining Rs.1,500 could be deposited in a recurring deposit (RD) account for three years, officials familiar with the proposal said on Sunday.

The proposal, yet to receive Cabinet approval, aims to encourage long-term savings while continuing to provide monthly financial support, officials said.

"The government will deposit the full Rs.2,500 into the beneficiary's bank account every month. However, only Rs.1,000 can be withdrawn immediately, while the remaining Rs.1,500 will automatically be transferred to an RD account link...