Hyderabad, April 13 -- Government-backed investment schemes continue to hold the market, particularly when it comes to saving money for a girl child.

The Government of India has designed several schemes aimed at securing the future of the girl child that are not only secure but also assure good returns.

One of the schemes extended to citizens through post offices is the Kanya Sukanya Yojana (KSY), also known as Sukanya Samriddhi Yojana. The scheme offers attractive interest rates and helps in tax saving, making it a best option for a girl child's future.

What is Kanya Sukanya Yojana

Kanya Sukanya Yojana is a central government savings scheme that allows parents or legal guardians to open an account in the name of a girl child. The acc...