Thursday, December 17, 2015

National Savings Schemes


There has been no reduction in the amount being deposited under the NSS. In fact, the gross collection figures have risen during the last three years as under: 
                                                                   Rs. in crores
Year
Deposits (gross collection)
2012-13
234152.69
2013-14
250421.04
2014-15
304733.82
2015-16 (upto October 2015)
211977.52

The NSS are available for all Indian Nationals in rural areas as well as urban areas. However, these schemes are mainly operated through Post Offices which have large network in rural areas. At present, the Government has no proposal to bring a new small savings policy for senior citizens and weaker sections. 

This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.

 Source : PIB Release, 11.12.2015

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