Question : POSTAL SAVING SCHEMES



(a) the details of the funds mobilised by the Government through small saving schemes during the last three years and the current year, State-wise;

(b) whether the Department of Posts has decided to dematerialise postal saving schemes in the country;

(c) if so, the details thereof; and

(d) if not, the reasons therefor?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY (SHRI GURUDAS KAMAT)

(a) The detail available postal circle-wise may be seen in the attached Annexure-A.

(b) to (d) No Madam. The Department of Posts offers small savings schemes with a focus on small, rural and financially excluded customer base for which dematerialized accounts may not have any attraction.