(a) the details of Small Saving Schemes in Post Offices and Banks and amount of money
deposited against each such scheme during each of the last three years;
(b) whether the Government proposes to reduce the rates of interest applicable on such
schemes; and
(c) if so, the details thereof and the reasons therefor?
MINISTER OF STATE IN THE MINISTRY OF FINANCE(SHRI NAMO NARAIN MEENA)
(a): The details of Small Saving Schemes operated in Post Offices and Banks and the amount
deposited against each such schemes during the last three years are as under: -
(Rs. in crore)
Name of Scheme 2006-07 2007-08 2008-09 (Prov.)
Post Office Savings Account 35958 43161 53528
Time Deposit - 1 Year 16157 12007 11183
Time Deposit – 2 Year 727 443 407
Time Deposit - 3 Year 1911 968 1005
Time Deposit - 5 Year 1005 625 657
Recurring Deposit 26333 27681 28443
Monthly Income Account 26460 17026 23799
Senior Citizens Savings Scheme 2004 12854 3038 1934
National Savings Certificate (VIII Issue) 8971 6285 7080
Kisan Vikas Patra 23495 14975 15708
Public Provident Fund Scheme 1968 25953 21057 13597