Make this your homepage
Tripura News
Home > Tripura News
Programme on small savings in connection with prize distribution ceremony for 2011-2012 held
TIWN
Programme on small savings in connection with prize distribution ceremony for 2011-2012 held
PHOTO : Secretary of Finance Ashutosh Jindal and Minister Bhanulal Saha addressing a prize distribution ceremony at Tb Association Hall, Agartala .TIWN Pic Sept 20

AGARTALA, September 20 (TIWN): A programme on small savings in connection with prize distribution ceremony for 2011-2012, Tripura small savings lucky draw (gift coupon) and Tripura small savings incentive scheme was held at TB association hall here today.

Speaking in the programme minister for finance Bhanulal Saha said that to protect the interest of depositors from the fraudulent activities of the NBFCs/UIBs and other financial institutions state government framed the Tripura protection of interest of depositors (in financial establishment) act, 2000 and amended the said act and rules during 2011, he added.

The state government time and again requested the common people not to deposit their hard earned money in such a companies but to deposit their money in the post offices and bank, he mentioned.

He further said that as many as 117 NBFC/UIBs were functioning in the state but at present only two companies namely rose valley group of companies and Sahara credit cooperative societies are functioning in the state. The state government issued order to the NBFCs/UIBs not to collect money from public. But, they shall make payment to the depositors those who submit their claim.

Some popular schemes of small savings  are post office recurring deposit scheme, 5-year national savings certificate 8th issue, 10-year national savings certificate 9th issue, post office time deposit account, post office savings account and post office monthly income scheme, he added.

Finance Secretary Ashutosh Jindal and other officials were present in the program.

Add your Comment
Comments (0)

Special Articles

Sanjay Majumder Sanjay Majumder
Anirban Mitra Anirban Mitra