National Savings Schemes are very much liked by the people, the money deposited in them has increased 3 times in the last 10 years.
National Savings Schemes Are Very Much Liked By The People, In The Last 10 Years The Money Deposited In Them Has Increased 3 Times.
TPN24 Desk 
Many National Savings Schemes run by the Central Government are being liked by the people. In the financial year 2020-21, the total deposits in these schemes have increased to Rs 9.37 lakh crore. In the financial year 2011-12, this figure was Rs 2.22 lakh crore. That is, it has increased by more than 3 times in 10 years.
More than 90 thousand crore rupees came in 2020-21 In the
financial year 2020-21, deposits of 90,694 crore rupees increased in National Savings Schemes. On the other hand, talking about 2019-20, the investment in these schemes was increased by Rs 1.67 lakh crore.
Higher interest is available in this National Savings Schemes to get more interest than Fixed Deposit ie FD. Apart from this, since these schemes are run by the central government, the money invested in these schemes is also completely safe.
Schemes are run for middle and poor people In
fact, most of the small savings schemes are run for senior citizens and the poor middle class. These schemes are popular because they give a guaranteed return and at the same time they have high security. Most of the investments of middle and low-income people are in this.
To raise money from small savings schemes
are easy to mobilize small savings schemes money for the government. To meet the financial deficit, the government borrows only from small savings schemes.
