Kisan Vikas Patra Current Affairs, GK & News

Small Savings Schemes: West Bengal becomes the highest contributor

The National Savings Institute operating under the Ministry of Finance recently announced that West Bengal is the top contributor to the Small Savings Scheme in the country. The state contributes 15% of the total corpus. It has so far collected Rs 90,000 crores under the Small Savings Scheme. Top performers of Small Savings Scheme West ..

Month: 

Category: 

Topics: 

What are New Rates on PPF, Small Savings Schemes?

The government withdrew its a day before the order of reduction of 40-110 basis points in interest rates of small savings schemes including Public Provident Fund (PPF) and National Savings Certificate (NSC). What was the announcement? As per an announcement on March 31, the government announced a sharp cut in the interest rate of PPF, ..

Month: 

Category: 

Topics: 

Shyamala Gopinath panel recommendations

The Government has recently accepted the recommendations of former RBI deputy governor Shyamala Gopinath panel which would help investors earn higher interest on small savings schemes such as public provident fund and post office deposits. The schemes are now under the market-linked interest rate system. What is market-linked interest rate system for small savings scheme? ..

Month: 

Category: 

Topics: