The national savings schemes are products of the Ministry of Finance, Government of India, and are backed by a sovereign guarantee. This makes them completely secure and safe. In comparison to other financial market programs, the interest rates offered on NSS are relatively attractive. The crucial feature is that 100 percent of the money collected in the state is invested in securities floated by the state government as a long-term loan from the government of India. Such funds are used by the state government for development projects in the state.