In this country, the government will provide children with ₹15,000 every month; by the age of 18, they could become owners of lakhs..

Have you ever heard of a government that provides financial assistance of ₹15,000 every month to every child in the country? You haven't, have you? But today, we are going to tell you about a country in the world where the government has made precisely such an announcement. Let's find out which country this is and which government has taken this decision.

In fact, the country in question here is Taiwan. In light of the continuously declining birth rate in Taiwan, the government has announced a special policy for children aged 6 to 18. Under this scheme, investment accounts will be opened for these children. Specifically, every Taiwanese child between the ages of 6 and 18 will receive a monthly allowance of 5,000 Taiwanese Dollars—equivalent to approximately ₹15,000.

**Why Was This Decision Taken?**

The Taiwanese government took this decision because the country's birth rate has been steadily declining. The government announced this scheme as a measure to curb Taiwan's falling birth rate. According to a report by CNBC-TV18, the government will also appoint professionals to manage these accounts. The report states that in addition to receiving the ₹15,000 allowance, the funds deposited in these accounts will also earn interest through two-year Fixed Deposits (FDs), thereby ensuring financial support for the children.

**What Is the Child Investment Scheme?**

In essence, this scheme by the Taiwanese government will function as a monthly child allowance. Under this initiative, children under the age of 18 will be eligible to receive this benefit. Through this model, the government works towards establishing investment or savings funds in the names of the children. In many instances, parents are also given the option to contribute to these funds. The primary objective of this scheme is to ensure that by the time the child reaches adulthood, they possess a strong financial foundation to support their education, career, or other future needs.

**Are There Similar Schemes in India?**

Discussions regarding similar schemes have also taken place in India. Although savings schemes such as the Sukanya Samriddhi Yojana and PPF are available here, a direct investment-based child fund model—spearheaded by the government—has not yet been implemented on a widespread scale. Experts believe that if such a model were to be introduced for children's future in a large country like India, it could serve as a significant pillar of support for middle-class and lower-middle-class families.

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