Measures to Popularize Small Saving Schemes.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Measures to Popularize Small Saving Schemes. - News and Press Release Dated:- 2-9-2011 - News - Press Information Bureau Government of India Ministry of Finance 02-September-2011 18:20 IST Measures to Popularize Small Saving Schemes Central and State Governments take various measures from time to time to promote and popularize small saving schemes through print and electronic .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... media as well as holding seminars, meetings and providing training to the various agencies involved in mobilising deposits under these schemes. A website of the National Savings Institute under Government on India, Ministry of Finance has also been launched to facilitate interface with the public through wider investors grievances. The website address is nsiindia.gov.in. The Committee on Nati .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... onal Small Savings Fund has observed that 4% commission under Mahila Pradhan Kshetriya Bachat Yojna (MPKBY) is very high and is affecting the viability of National Small Savings Fund (NSSF). The committee has recognized that the Recurring Deposit Scheme requires considerable effort on part of agents in mobilising monthly deposits. However, 4% commission is distortionary and expensive. The Committe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e has recommended that it should be brought down to 1% in a phased manner in a period of three years with a 1% reduction every year. Recommendations of the committee have been referred to State Governments and concerned Ministries/Departments of Central Government for their comments. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to an .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Unstarred Question in Lok Sabha today. DSM/ SS/PM - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X