West Bengal National Family Benefit Scheme (NFBS) Form Bengali
The Scheme was introduced from 1st April 1998. All landless agricultural labourers within the age group of 18 to 50 years who are recorded holders of up to 50 (fifty) decimal of land including homestead land and major source of earnings are derived from their work as agricultural labourers are eligible for the scheme. The eligible subscribers to the scheme have to deposit at the rate of Rs.10/- (ten) per month and the State Government contributes equal amount till such time the subscribers attain the age of 50 years. On attaining the age of 50 years, the accumulated amount along with usual interest is paid to the subscribers. If for some reason the subscriber does not find it possible to continue with the scheme, the amount saved by him along with the matching contribution of the State Government against the amount saved are refunded to the subscriber concerned. The scheme is administered by the Gram Panchayats at the village level. The Block Development Officer and the District Magistrate concerned have supervisory role in implementing the scheme.
As on 31.03.2007 a total of 9,13,901 subscribers have deposited Rs.20.52 crores on which interest accrued to date is Rs.4.29 crores.