(a) whether there is decrease in household savings particularly investment in postal
securities;
(b) if so, the details thereof;
(c) whether the Government has any proposal to restore bonus on Post Office Monthly Income
Account (POMIA);
(d) if so, the details thereof alongwith the expected increase in postal deposit in the
coming years; and
(e) if not, the reasons therefor?
THE MINISTER OF STATE IN THE MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY
(SHRI JYOTIRADITYA M. SCINDIA)
(a) Yes, Sir. The deposits in Post Office Small Savings Schemes are in decreasing trend.
(b) The Scheme-wise details of deposits in last three years are given in the Annexure.
(c) to (e) The Govt. has already declared bonus at the rate of 5% on the deposits made
under Post Office Monthly Income Account (POMIA) Scheme on or after 8th December, 2007 upon the
maturity of the deposit. It may attract more deposits in the scheme in coming year.