Saturday, February 19, 2011

WEST BENGAL CONTINUES TO OCCUPY 1ST POSITION IN INDIA IN GROSS AND NET COLLECTION OF SMALL SAVINGS

Press Information Bureau
Government of India
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Kolkata, February 18, 2011.


West Bengal continues to occupy the first position in India in gross as well as net collection of small savings. During the first three months of the current fiscal the gross collection in West Bengal reached Rs.26098.30 crore registering the growth of 26.96% compared to the corresponding period in the last financial year. However, the net collection during the first nine months has been to the tune of Rs.7228.96 crore, 25.48% higher than the net collection during the corresponding period of the last fiscal year. Shri Jameel Asghar, Sr. Regional Director, National Savings Institute, gave this information in Kolkata today. He said that up to December 2010, the eastern region comprising West Bengal, Bihar, Jharkhand, Odisha and Andaman & Nicobar Island could mop up gross small savings to the tune of Rs.41,391.48 crore while the net collection figure stands Rs.10962.95 crore. While the rate of growth in gross collection is 27.02% the same in net collection is 26.26%. In terms of rate of growth in gross and as well as net collection, A&N Island occupies the first position. It registered an increase of 66.29%D in gross collection and 126.87% in net collection.
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SP/SC/bb/kol…..
PIB Kolkata

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