Rs 1.54 lakh crore and counting: Why PPF, Sukanya Samriddhi and senior-citizen schemes keep attracting Indians; FY27 target of Rs 3.59 lakh crore set to be beaten – FinSiddhi

Rs 1.54 lakh crore and counting: Why PPF, Sukanya Samriddhi and senior-citizen schemes keep attracting Indians; FY27 target of Rs 3.59 lakh crore set to be beaten

The net collections under small savings schemes are expected to surpass the budgeted Rs 3.59 lakh crore target for financial year 2026-27 by a comfortable margin, with inflows during the first four months of the fiscal already 56% higher than in the corresponding period last year. Officials expect FY27 collections to come in significantly above the original target, particularly because a substantial share of small savings typically comes in during the March quarter.
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