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    <title>Reduction in Commission of PPF agents to make the Schemes more Investor Centric than Agent Centric</title>
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    <description>The Government adopted committee recommendations to reduce agent commissions on small savings products, cutting commission on the Public Provident Fund and the Senior Citizens Savings Scheme to nil and standardising commissions under the Standardised Agency System at a lower rate, while temporarily retaining higher commission for the Mahila Pradhan Kshetriya Bachat Yojana. The decision follows consultations and representations from Small Savings Agents&#039; Associations and other stakeholders and is presented as a shift to make schemes more investor centric.</description>
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    <pubDate>Fri, 14 Dec 2012 10:44:17 +0530</pubDate>
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      <title>Reduction in Commission of PPF agents to make the Schemes more Investor Centric than Agent Centric</title>
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      <description>The Government adopted committee recommendations to reduce agent commissions on small savings products, cutting commission on the Public Provident Fund and the Senior Citizens Savings Scheme to nil and standardising commissions under the Standardised Agency System at a lower rate, while temporarily retaining higher commission for the Mahila Pradhan Kshetriya Bachat Yojana. The decision follows consultations and representations from Small Savings Agents&#039; Associations and other stakeholders and is presented as a shift to make schemes more investor centric.</description>
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      <pubDate>Fri, 14 Dec 2012 10:44:17 +0530</pubDate>
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