The central government's small savings collection may not exceed the July Budget Estimate of ₹4.2 trillion, which had already been lowered from the Interim Budget forecast, according to Finance Ministry sources.
"We had scaled it (small savings deposits) down from the Interim Budget levels. The latest collection won't exceed the lower estimate of the July Budget," said a ministry official.
According to sources, the bulk of small savings deposits would come in March. The Interim Budget for FY25 had estimated a net collection of ₹4.7 trillion, which was later revised to ₹4.2 trillion in July 2024.
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Denne historien er fra November 15, 2024-utgaven av Business Standard.
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