Objectives
- To inculcate the habit of thrift among the people and provide not only security but also fair return for the savings.
- To encounter inflationary pressures on the economy. Thus helps to hold the price line.
- To channalize the savings of the people into the developmental programs of the Country and involve them in the developmental activities of the Nation
APPOINTMENT OF FRESH AGENTS FOR SMALL SAVINGS COLLECTION HAVE BEEN STOPPED WITH EFFECT FROM 11.11.2005
Government of Karnataka have not released the incentive schemes to agents from 2007-08.
For detailed information about Small Savings Schemes, login to the Web Site of National Savings Institute, GOI. Post office of India www.indiapost.gov.in
Total No. of agents under
different agency system:-
| (As at the end of June 2012) | |
| Agency | Numbers |
| SAS | 9460 |
| MPKBY Agents (exclusively for women) | 16531 |
| PPF | 486 |
| Total | 26477 |
Collection
made under Small Savings for the past 3 years (Rs.in Crores)
| Collection made | Loan received from Government of India |
Gross | Net |
| 2009-10 | 8695.31 | 954.09 | 661.47 |
| 2010-11 | 10141.18 | 895.71 | 2465.77 |
| 2011-12 | 7668.34 | (-)683.12 | 0 |
