 bill no 207 of  2017 the financial assistance for girl child born to parents living below poverty line bill, 2017 by shri ramesh chander kaushik, mp a billto provide for financial protection and security to girl child born to parents living below poverty line and for matters connected therewith or incidental theretobe it enacted by parliament in the sixty-eighth year of the republic of  india as follows:—1  (1) this act may be called the financial assistance to girl child born to parents living below poverty line act, 2017short title, extent and commencement5(2) it extends to the whole of india(3) it shall come into force on such date as the central government may, by notification in the official gazette, appointdefinitions2 in this act, unless the context otherwise requires,—(a) "appropriate government" means in the case of a state, the government of that state and in all other cases, the central government;(b) "girl child" means any female child born to parents living below poverty line and who has not attained the age of twenty years; and5(c) "prescribed" means prescribed by rules made under this act3 (1) the central government shall, by notification, constitute a fund to be known as the girl child development fund for carrying out the purposes of this actconstitution of girl child development fund10(2) the central government and the state governments shall contribute to the fundin such ratio as may be prescribed(3) the appropriate government shall deposit a sum of fifty thousand rupees in thebank account of every girl child born to parents living below poverty line within one month of her birth15(4) the deposit shall mature when the girl child attains the age of twenty years orsuch after the expiry of period as may be fixed by the appropriate government and such proceeds may be used by the girl child for education and other welfare measures204 the appropriate government shall within six months of coming into force of this act,issue directions to the nationalised and private sector banks and insurance companies, to formulate suitable schemes which provide benefits of fixed or term deposit and insurance benefits to the girl childschemes to be formulated by banks and insurance companies overriding effect of the act5 the provisions of this act shall have effect notwithstanding anything inconsistenttherewith contained in any other law for the time being in force but save as aforesaid the provisions of this act shall be in addition to and not in derogation of any other law for the time being in force giving benefits to the girl child25power to make rules6 (1) the central government may, by notification in the official gazette, make rulesfor carrying out the purposes of this act30(2) every rule made under this act shall be laid, as soon as may be after it is made, before each house of parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both houses agree in making any modification in the rule or both the houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule statement of objects  and reasonseven after the completion of sixty-eight years of independence, no clear-cut policy for the overall development of girl child belonging to below poverty line (bpl) family has been formulated in our country so far today, a girl child of a poor family has to face problems at every stage this includes, problems relating to poverty, upbringing, malnutrition, education, employment, vocational training, healthcare and problems faced at the time of her marriage there is no institutional mechanism to harness the potential and channelize the energy of girl child of bpl family for the betterment of the country there is no proper planning for comprehensive development of girl child the plight of girl child belonging to scheduled castes, scheduled tribes and other backward classes is even worse apart from all the problems as mentioned above, they also have to face social ostracisation birth of a girl child is still considered to be a curse even now the birth of a girl child is not considered auspicious in societythere is a need to instill a sense of belongingness among the female children by providing them all opportunities for their development so that they can contribute to the progress of the country to their full potential the facilities should be provided to them as a matter of right and not as a privilege the steps taken in this direction will not only uplift the conditions of girl child but will also create a better society leading to a civilized and stronger nation the government should take responsibility of depositing one lakh rupees or as may be prescribed in financial institutions like banks and insurance companies in the name of new born girl child of bpl family, which will become a handsome amount after twenty years or so which can be used for the purpose of education, etc of the girl childin this way, financial protection and security to girl child of bpl family must be ensuredthe bill seeks to achieve the above objectiveshence this billnew delhi;ramesh chander kaushikjuly 11,  2017 financial memorandumclause 3 of the bill provides for constitution of a girl child development fund it also provides for deposit of sum of fifty thousand rupees in the bank account of every girl child of parents living below poverty line the bill, therefore, if enacted, would involve expenditure from the consolidated fund of india it is estimated that an annual recurring expenditure of about rupees two thousand five hundred crore will be involveda non-recurring expenditure of about rupees two thousand five hundred crore is also likely to be involved memorandum regarding delegated legislationclause 6 of the bill empowers the central government to make rules for carrying out the provisions of the bill as the rules will relate to matters of detail only, the delegation of legislative power is of a normal character lok  sabha———— a billto provide for financial protection and security to girl child born to parents living below poverty line and for matters connected therewith or incidental thereto————(shri ramesh chander kaushik, mp)gmgipmrnd—2174ls(s3)—07-12-2017