Lok Sabha Question No. 2519 (UNSTARRED), answered on 2021-12-13
Subject: National Saving Schemes
Ministry: FINANCE
Asked by: Sukhbir Singh Jaunapuria

## Government of India of Finance Department of Economic Affairs Ministry

## LOK SABHA UNSTARRED QUESTION NO.2519 TO BE ANSWERED ON MONDAY DECEMBER 13, 2021/AGRAHAYANA 22, 1943(SAKA)

## NATIONAL SAVING SCHEMES

## No. 2519 SHRI SUKHBIR SINGH JAUNAPURIA:

Will the Minister of FINANCE be pleased to state:

- (a) the details of the national saving schemes including special citizens in the country schemes being run for the senior during the last three years and the current year, scheme-wise;
- (c) if so, the details thereof and the steps taken by the Government in this regard?
- (b) whether the Government proposes to a new policy for   senior classes; and citizens and weaker bring

## ANSWER MINISTER OF STATE IN THE MINISTRY OF FINANCE

## (SHRI PANKAJ CHAUDHARY)

- (a) details of number of accounts opened and rates of interest Schemes including Senior Citizens under   Small Saving Schemes for the last three financial years and the current financial year is given below: The Savings

| Details of Number of account opened under National Small Name of Scheme Financial Year   |   2018-19 |   2019-20 |   Savings Schemes (in lakh) 2020-21 | 2021-22 (till Nov. 21)   |
|------------------------------------------------------------------------------------------|-----------|-----------|-------------------------------------|--------------------------|
| Post Office   Savings Account (POSA)                                                     |     118.1 |      89.1 |                                72.1 | 41.5                     |
| National Recurring Deposit Scheme (RD) Savings                                           |     125.7 |      99.1 |                               119.2 | 65.3                     |
| National Savings Time Deposit Scheme (1 year, 2 year, 3 year                             |      84.8 |      69   |                                81   | 54.3                     |
| National Savings Monthly Income Account Scheme (MIA)                                     |      19.7 |      11.6 |                                17.7 |                          |
| Senior Citizen Savings Scheme (SCSS)                                                     |      12.6 |      12.2 |                                11.4 | 4.7                      |
| Public Provident Fund (PPF)                                                              |      11.5 |      27.2 |                                19.6 |                          |
| Sukanya Samriddhi Account Scheme (SSA)                                                   |      31.4 |      37.2 |                                40.2 | 3.0 23.4                 |
| Kisan Vikas Patra (KVP)                                                                  |      26.9 |      30.3 |                                21.5 |                          |
| National Savings Certificate (NSC)                                                       |      35.2 |      36.2 |                                28.1 | 13.2 15.0                |

(b) & (c) Currently, Ministry of Finance does not propose to Sctemes for senior citizens and weaker classes. any new Small Savings bring

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| Details of Rates of interest applicable on National Small Schemes from FY 2018-19 to FY 2021-22 (upto Q3) Savings   | Details of Rates of interest applicable on National Small Schemes from FY 2018-19 to FY 2021-22 (upto Q3) Savings   | Details of Rates of interest applicable on National Small Schemes from FY 2018-19 to FY 2021-22 (upto Q3) Savings   | Details of Rates of interest applicable on National Small Schemes from FY 2018-19 to FY 2021-22 (upto Q3) Savings   | Details of Rates of interest applicable on National Small Schemes from FY 2018-19 to FY 2021-22 (upto Q3) Savings   | Details of Rates of interest applicable on National Small Schemes from FY 2018-19 to FY 2021-22 (upto Q3) Savings   | Details of Rates of interest applicable on National Small Schemes from FY 2018-19 to FY 2021-22 (upto Q3) Savings   | Details of Rates of interest applicable on National Small Schemes from FY 2018-19 to FY 2021-22 (upto Q3) Savings   | Details of Rates of interest applicable on National Small Schemes from FY 2018-19 to FY 2021-22 (upto Q3) Savings   | Details of Rates of interest applicable on National Small Schemes from FY 2018-19 to FY 2021-22 (upto Q3) Savings   | Details of Rates of interest applicable on National Small Schemes from FY 2018-19 to FY 2021-22 (upto Q3) Savings   | Details of Rates of interest applicable on National Small Schemes from FY 2018-19 to FY 2021-22 (upto Q3) Savings   | Details of Rates of interest applicable on National Small Schemes from FY 2018-19 to FY 2021-22 (upto Q3) Savings   | Details of Rates of interest applicable on National Small Schemes from FY 2018-19 to FY 2021-22 (upto Q3) Savings   |
|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|
|                                                                                                                     | Quarter Scheme                                                                                                      | POS A                                                                                                               | 1T D                                                                                                                | 2T D                                                                                                                | 3T D                                                                                                                | 5T D                                                                                                                | R D                                                                                                                 | SCS S                                                                                                               | MIA                                                                                                                 | NS C                                                                                                                | PP F                                                                                                                | KV P                                                                                                                | SS A                                                                                                                |
|                                                                                                                     | Q1                                                                                                                  | 4.0                                                                                                                 | 6.6                                                                                                                 | 6.7                                                                                                                 | 6.9                                                                                                                 |                                                                                                                     | 6.9                                                                                                                 | 8.3                                                                                                                 | 7.3                                                                                                                 | 7.6                                                                                                                 |                                                                                                                     |                                                                                                                     |                                                                                                                     |
|                                                                                                                     | Q2                                                                                                                  | 4.0                                                                                                                 | 6.6                                                                                                                 | 6.7                                                                                                                 | 6.9                                                                                                                 | 7.4                                                                                                                 | 6.9                                                                                                                 | 8.3                                                                                                                 | 7.3                                                                                                                 | 7.6                                                                                                                 | 7.6                                                                                                                 | 7.3                                                                                                                 | 8.1                                                                                                                 |
|                                                                                                                     | Q3                                                                                                                  | 4.0                                                                                                                 | 6.9                                                                                                                 | 7.0                                                                                                                 | 7.2                                                                                                                 | 7.8                                                                                                                 | 7.3                                                                                                                 | 8.7                                                                                                                 | 7.7                                                                                                                 | 8                                                                                                                   | 7.6                                                                                                                 | 7.3                                                                                                                 | 8.1                                                                                                                 |
|                                                                                                                     | Q4                                                                                                                  | 4.0                                                                                                                 | 7.0                                                                                                                 | 7.0                                                                                                                 | 7.0                                                                                                                 | 7.8                                                                                                                 | 7.3                                                                                                                 | 8.7                                                                                                                 | 7.7                                                                                                                 | 8                                                                                                                   | 8                                                                                                                   | 7.7                                                                                                                 | 8.5                                                                                                                 |
|                                                                                                                     | Q1                                                                                                                  | 4.0                                                                                                                 | 7.0                                                                                                                 | 7.0                                                                                                                 | 7.0                                                                                                                 | 7.8                                                                                                                 | 7.3                                                                                                                 | 8.7                                                                                                                 | 7.7                                                                                                                 | 8                                                                                                                   | 8                                                                                                                   | 7.7                                                                                                                 | 8.5                                                                                                                 |
|                                                                                                                     | Q2                                                                                                                  | 4.0                                                                                                                 | 6.9                                                                                                                 | 6.9                                                                                                                 | 6.9                                                                                                                 | 7.7                                                                                                                 | 7.2                                                                                                                 | 8.6                                                                                                                 | 7.6                                                                                                                 | 7.9                                                                                                                 | 8                                                                                                                   | 7.7                                                                                                                 | 8.5                                                                                                                 |
|                                                                                                                     | Q3                                                                                                                  | 4.0                                                                                                                 | 6.9                                                                                                                 | 6.9                                                                                                                 |                                                                                                                     | 7.7                                                                                                                 | 7.2                                                                                                                 | 8.6                                                                                                                 | 7.6                                                                                                                 | 7.9                                                                                                                 | 7.9                                                                                                                 | 7.6                                                                                                                 | 8.4                                                                                                                 |
|                                                                                                                     | Q4                                                                                                                  | 4.0                                                                                                                 | 6.9                                                                                                                 | 6.9                                                                                                                 | 6.9                                                                                                                 | 7.7                                                                                                                 | 7.2                                                                                                                 | 8.6                                                                                                                 | 7.6                                                                                                                 |                                                                                                                     | 7.9                                                                                                                 | 7.6                                                                                                                 | 8.4                                                                                                                 |
|                                                                                                                     | Q1                                                                                                                  | 4.0                                                                                                                 | 5.5                                                                                                                 | 5.5                                                                                                                 | 5.5                                                                                                                 | 6.7                                                                                                                 | 5.8                                                                                                                 |                                                                                                                     |                                                                                                                     | 7.9                                                                                                                 | 7.9                                                                                                                 | 7.6                                                                                                                 | 8.4                                                                                                                 |
|                                                                                                                     | Q2                                                                                                                  | 4.0                                                                                                                 | 5.5                                                                                                                 | 5.5                                                                                                                 | 5.5                                                                                                                 | 6.7                                                                                                                 |                                                                                                                     | 7.4                                                                                                                 | 6.6                                                                                                                 | 6.8                                                                                                                 | 7.1                                                                                                                 |                                                                                                                     | 7.6                                                                                                                 |
|                                                                                                                     | Q3                                                                                                                  | 4.0                                                                                                                 | 5.5                                                                                                                 | 5.5                                                                                                                 | 5.5                                                                                                                 | 6.7                                                                                                                 | 5.8                                                                                                                 | 7.4                                                                                                                 | 6.6                                                                                                                 | 6.8                                                                                                                 | 7.1                                                                                                                 | 6.9                                                                                                                 | 7.6                                                                                                                 |
|                                                                                                                     | Q4                                                                                                                  | 4.0                                                                                                                 | 5.5                                                                                                                 | 5.5                                                                                                                 | 5.5                                                                                                                 | 6.7                                                                                                                 | 5.8                                                                                                                 | 7.4                                                                                                                 | 6.6                                                                                                                 | 6.8                                                                                                                 | 7.1                                                                                                                 | 6.9                                                                                                                 | 7.6                                                                                                                 |
|                                                                                                                     | Q1                                                                                                                  | 4.0                                                                                                                 | 5.5                                                                                                                 |                                                                                                                     |                                                                                                                     |                                                                                                                     | 5.8                                                                                                                 | 7.4                                                                                                                 | 6.6                                                                                                                 | 6.8                                                                                                                 | 7.1                                                                                                                 | 6.9                                                                                                                 | 7.6                                                                                                                 |
|                                                                                                                     | Q2                                                                                                                  |                                                                                                                     |                                                                                                                     | 5.5                                                                                                                 | 5.5                                                                                                                 | 6.7                                                                                                                 | 5.8                                                                                                                 | 7.4                                                                                                                 | 6.6                                                                                                                 | 6.8                                                                                                                 | 7.1                                                                                                                 | 6.9                                                                                                                 | 7.6                                                                                                                 |
|                                                                                                                     | Q3                                                                                                                  | 4.0                                                                                                                 | 5.5                                                                                                                 | 5.5                                                                                                                 | 5.5                                                                                                                 | 6.7                                                                                                                 | 5.8                                                                                                                 | 7.4                                                                                                                 | 6.6                                                                                                                 | 6.8                                                                                                                 | 7.1                                                                                                                 | 6.9                                                                                                                 | 7.6                                                                                                                 |
|                                                                                                                     |                                                                                                                     | 4.0                                                                                                                 | 5.5                                                                                                                 | 5.5                                                                                                                 | 5.5                                                                                                                 | 6.7                                                                                                                 | 5.8                                                                                                                 | 7.4                                                                                                                 | 6.6                                                                                                                 | 6.8                                                                                                                 | 7.1                                                                                                                 | 6.9                                                                                                                 | 7.6                                                                                                                 |