West Bengal's share in small savings rises to highest since pandemic began

Maharashtra has also seen an increase in net collections in recent years

West Bengal has widened its gap over other states in its share of net small savings collections in post offices in 2021-22.

Around Rs 14 out of every Rs 100 saved through such schemes in the country came from West Bengal in 2021-22. Other states like Maharashtra have seen a rising trend. The top five states account for 48.3 per cent of net collections. Others in the top five include Uttar Pradesh, Gujarat and Tamil Nadu.

Small savings schemes in the post office include instruments such as the public provident fund and the Senior Citizens Savings Scheme. The net collections