Question : SMALL SAVINGS



(a) whether the small savings, as part of capital receipts of the Government have drastically declined during the last three years;

(b) if so, the details thereof alongwith the reasons therefor;

(c) the policy of the Government in regard to meeting the receipt gap arising due to sharp decline in small savings; and

(d) the reasons for decreasing dependence on small savings to mobilize resources for meeting capital requirements of the Government?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATIL)
(a) No, Sir.

(b) to (d) Does not arise.