In 2006-07, the Bhagyalakshmi Scheme was launched with an objective of promoting the birth of girl child in economically weaker families and to raise their status within the family and society. Financial assistance is provided to the girl child through her other/ father/natural guardian subject to the fulfillment of certain conditions. All girl children born to BPL families after 31^st March 2006 are eligible to be enrolled as beneficiaries under the scheme. Enrollment is allowed up to one year of the birth of the child on the submission of the birth certificate.

The benefits of the scheme are restricted to two girl children of the BPL family. The father or the mother should have undergone a terminal family planning method and the total number of children should not exceed three. After due verification by the department, when the girl child is enrolled, each beneficiary will be given Rs 10,000 for investing in a fixed deposit in her name. The amount deposited in the financial institution will be maximized and paid along with the accrued interest to the beneficiary on her attainment of 18 years of age. In 2008 the Bhagyalakshmi Scheme was revised. Instead of depositing Rs 10,000, an amount of Rs 19,300 will be deposited with the financial institution in the name

The beneficiaries willing to continue higher education after passing SSLC (Standard 10) are eligible to pledge the bond and avail a loan, up to a maximum of Rs 50,000 from recognized banks. The State Women and Child Development Department has developed a child tracking system with the assistance of NIC. This tracks the status of the beneficiaries with respect to health, education, migration and other benefits availed through different schemes. It also reveals the status of the payment made to the beneficiary from time to time.

The child tracking system has about 44 parameters which includes the details of the beneficiaries. This scheme is now being widely publicized and implemented. It is considered to be a special program under the Chief Minister. The Life Insurance Corporation of India (LIC) has been selected as the financial partner for implementing the scheme through a tender process.

The Bhagyalakshmi Scheme was launched by the State Government in 2006 with the aim of correcting the skewed male-female ratio in the State. The benefits of the scheme are restricted to two girl children from below the poverty line (BPL) families. After verification of documents, the Women and Child Development Department deposits USD 386 with the Life Insurance Corporation of India in the name of the first beneficiary of the family and USD 367 in the name of the second beneficiary of the same family. After the girls turns 18, the maturity amount will equal to roughly USD 2,000 for each girl. Ramanagar has been well adopted for Bhagyalakshmi Scheme 1, 2, 3, 4, 5, 6, 7, 8.

Ramanagara is situated in the south of the SouthKarnataka. It is positioned between 12˚ 54’ to 13˚ 53’ North latitude 75˚ 04’ and 76˚ 21’ East longitude., Ramanagara district borders with Bangalore Rural in the north, Mandya in the west, Tumkur in the northwest, Bangalore Urban in northeast, Chamarajnagar in the south and Tamil Nadu in the East (Figure 1).

Ramanagara (known as Closepet, after Sir Barry Close (1756–1813), in pre-Independence times and retained in geology) is a town and a city municipal council in the Indian state of Karnataka. It is also the headquarters of Ramanagaram district. Ramanagaram is approximately 50 km southwest of Bangalore. It has an average elevation of 747 meters (2450 feet). Ramanagaram is also famous for the huge rocky outcrops. Those that are popular for rock climbing are; Ramadevarabetta, SRS betta and Thenginkalbetta.

Ramanagara’s geographical area is 3,599 sq.km, it has bifurcated 4 revenue taluks, 18 hoblis, 130 village panchayath, 2 municipalities, 2 town agglomeration and 823 villages.

The present study completely depends on secondary data. For the secondary source, published and unpublished data and data collected from the government and semi-government offices or department will be used. The present research work is being carried out with the help of survey of India topographical maps and maps supplied by district planning.

26917 beneficiaries have benefited under Bhagyalakshmi yojane in the Ramanagara district. Beneficiaries’ status was increased due to the fixed amount or bond. The scheme helps in the higher education time and marriage time of the girls. The district had 22.60% of income from primary sector in 2001, but in 2011 there was gradual increase up to 32.4% due to implementation of several rural development programs.

The Table 1 indicates the number of members benefited under Bhagyalakshmi Yojane (2011) in Ramanagara district. The bhagyalakshmi bonds are distributed all over the Ramanagara district. 6164 bonds were issued in Chanapatna taluk, 6744 were issued in Kanakapura taluk, 4835 were issued in Magadi taluk, 9174 were issued in Ramanagara taluk (2011-12). Among the four taluks Ramanagara recorder the highest bonds and Magadi recorded the lowest bonds. This indicates the more female birth in Ramanagara taluk.

The Table 2 depicts that the number of Bhagyalakshmi bonds issued in selected village 6 bonds distributed in Sriramapura, 25 bonds distributed in Adanakuppe, 11 bonds are distributed in Hosadoddi, 10 bonds are issued in Adanakuppe model village till 2011-12.

Due to the Bahgyalakshmi bonds beneficiaries of the scheme, family economic status was increased.