These are government run schemes that provide higher interest rates. These are meant for small investors backed by a sovereign guarantee and tax benefits.

• The various instruments included are: Public Provident Fund, National Savings Certificate, Kisan Vikas Patra, Sukanya Samridhi Account Scheme, Senior Citizens Saving Scheme, Term Deposits and Savings Deposits.
• Only savings deposits’ interest rate has kept constant at 4% rest all have been decreased. This is a kind of social welfare schema of the government.