Post Office offers Girl Child Insurance

Keely Stevenson
Investment Executive, Bamboo Finance

A friend just emailed me about a very interesting approach to supporting girls in India.  The Indian Postal Service may soon start offering girl child insurance, whereby the girl gets Rs 1 lac ($2,500) at the age of 18 and some kind of conditional cash transfer to the parents for bringing up the girl and delaying marriage till after 18!  I hope this can start reversing some of the incentives for female child infanticide.  Click below to read more:

http://www.hindu.com/2006/12/19/stories/2006121902311100.htm