The “Mukhyamantri Bhagyalaxmi Bond Scheme” is implemented by the Gujarat Building and Other Construction Worker’s Welfare Board (GBOCWWB). The objective is to support the “Beti Bachao Beti Padhao” initiative, prevent female foeticide, and meet the education and marriage expenses of the daughter of a construction worker. Under the scheme, a bond is provided in the name of the first girl child (up to 1 year of age) of registered construction workers.
Under the scheme, a bond of ₹25,000/- (or amount resolved from time to time) is given. It matures when the girl child reaches 18 years of age. The amount can be withdrawn by the daughter after completing 18 years.
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