Yes,there are many government-backed schemes and instruments that you can invest in for the short term. Treasury Bills, for instance, have maturity periods less than 1 year. There are also Cash Management Bills (CMBs), which are issued for maturity periods less than 91 days, making them an ultra-short-term investment option. If you want a slightly longer tenure, you could look at the National Savings Certificate, which has a maturity period of 5 years.