Makevale supports India's Sukanya Samriddhi Account to improve financial security of young girls
Makevale has made a donation of ₹100,000 to Sukanya Samriddhi Account – an Indian government saving scheme which aims to improve the future financial security of young girls.
The initiative, launched in 2015, encourages parents of girls to start paying into the fund for their daughters as early as possible, with a specific focus on funding their higher education later in life. Once they reach the age of 18, they can then access 50% of the savings to pay themselves through university.
However, participation in the scheme requires a deposit of ₹250 – which is beyond the means of many families in India. This is where Makevale’s donation came in, with ₹100,000 funding new accounts for 400 girls in Vadodara, Gujarat.
This donation is just one example of our support of the local community in Gujarat – the home of Makevale Acrylics. In recent times, the company has completed several charitable projects in the region including the installation of solar panels to power a school and the donation of a refuse truck to support the Clean India Initiative, underlining our commitment to giving back to these communities in economic, social and environmental ways.