Nssf

Explained: Issues with Delhi govt's 10,000 cr loan proposal from NSSF

The Union Ministry of Finance had previously objected to Delhi's prepayment of older NSSF loans, as it could disrupt the broader borrowing ecosystem

Senior citizens scheme sees investment of over Rs 10,000 crore in April

The interest rate for SCSS was increased to 8.2% from 8%, and that of the monthly income scheme was increased to 7.4% from 7.1%

Once low-profile NSSF now a key player in Centre's finances for past 7 yrs

While govt's market borrowings have doubled from FY16 to FY22, NSSF loans to finance fiscal deficit have grown 11x

Different strokes in transparency

More clarity on Customs duty changes could have made the Budget more transparent

Budget 2022: Steep subsidy sums for food and fertiliser likely

Budget 2022: Subsidies have been a bugbear of the Indian economy for long

Second Covid wave, global prices could derail Centre's FY22 subsidy maths

The Centre's plan to start FY22 on a clean slate seems to have gone for a toss within just six months after it cleared the food subsidy backlog and paid its pending liabilities to NSSF

Rate reversal: West Bengal contributes most to National Small Saving Fund

In 2017-18, West Bengal accounted for 15 per cent of the total contributions made to the NSSF; its share increased from 12.4 per cent in 2007-08

How NSSF could morph from a rainy-day fund into a huge burden for the govt

Costlier loans from NSSF, at 7.4% interest rate, will occupy more than 10% share in govt's outstanding public debt soon, all to give the small saver a higher interest rate than the market

Can FCI's subsidy wipe-out serve as a base for deeper food subsidy reforms?

If clearing of FCI's outstanding dues and loans does not spur further reforms, they will once again reach current levels in the next 4-5 years, say experts

States' GST revenue shortfall can be bridged by monetising debt, NSSF: SBI

The Centre said a special window can be provided to the states, in consultation with the RBI, for borrowing at a reasonable interest rate

Risks of revised estimates

How a potential fiscal deficit of 4.65% of GDP was brought down in the 2019-20 revised estimates

National Small Savings Fund to invest more in public agencies than govt

Fund to explore providing loans to railways, urban housing scheme