<h1>Government Revises Interest Rates for Small Savings Schemes Effective April 1, 2013, Based on Shyamala Gopinath Committee Recommendations.</h1> The government has revised interest rates for small savings schemes effective from April 1, 2013, following recommendations from the Shyamala Gopinath Committee. The rates for the financial year 2013-14 are as follows: Savings Deposit remains at 4.0%, 1 Year Time Deposit at 8.2%, 2 Year Time Deposit decreased to 8.2%, 3 Year Time Deposit to 8.3%, and 5 Year Time Deposit to 8.4%. The 5 Year Recurring Deposit is now 8.3%, 5 Year SCSS at 9.2%, 5 Year MIS at 8.4%, 5 Year NSC at 8.5%, 10 Year NSC at 8.8%, and PPF at 8.7%.