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        News and Press Release

        Government of India Releases an Amount of ₹ 805.17 Crore to the Government of Punjab Under National Small Savings Fund (NSSF) and Thereby Released Total Amount of ₹ 2045.16 Crore During the FY 2014-15

        March 26, 2015

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        While Government of Andhra Pradesh Has Been Released by the Government of India an Amount of ₹ 549.60 Crore and Total Amount of ₹ 1096.35 Crore for the FY 2014-15 Against Small Savings Collections

        Final release under National Small Savings Fund (NSSF) was made by the Union Government to various State Governments against collections made under Small Savings Schemes and amount received on redemption of special State/Central Government Securities. These releases are in the nature of investment of National Small Savings Fund (NSSF) in the Special State Government Securities.

         From the above amount, the Government of Punjab has been released an amount of ₹ 805.17 crore. After including this release, the total amount released against small savings collections to the Government of Punjab will be ₹ 2045.16 crore for the FY 2014-15.

         From the above amount, the Government of Andhra Pradesh has been released an amount of ₹ 549.60 crore. After including this release, total amount released against small savings collections to Government of Andhra Pradesh will be ₹ 1096.35 crore for the FY 2014-15.

        National Small Savings Fund investment releases to states increase allocations of special state government securities for FY 2014 15. Final disbursements under the National Small Savings Fund (NSSF) were made to State Governments as investments in special State Government securities, representing transfers against small savings collections and receipts from redemption of special State/Central Government securities. These releases adjust State treasury liquidity and record the cumulative allocations credited to States for FY 2014 15.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                National Small Savings Fund investment releases to states increase allocations of special state government securities for FY 2014 15.

                                Final disbursements under the National Small Savings Fund (NSSF) were made to State Governments as investments in special State Government securities, representing transfers against small savings collections and receipts from redemption of special State/Central Government securities. These releases adjust State treasury liquidity and record the cumulative allocations credited to States for FY 2014 15.





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