India Post collected nearly Rs.275,000 crs last year in savings schemes

The government today said gross collections under various small savings schemes of the Indian Post increased by about 9 per cent to Rs 2,74,720 crore in 2010-11 in comparison to the previous year. “The gross collection under various small savings schemes during 2009-10 and 2010-11 were Rs 2,50,931 crore and Rs 2,74,720 crore (provisional), respectively,” Minister of State for Communications and IT Sachin Pilot said in a written reply to the Lok Sabha today.

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