Rs 1.54 lakh crore and counting: Why Indians still choose PPF, SSY, SCSS

The net collections under small savings schemes are expected to surpass the budgeted Rs 3.59 lakh crore target for financial year 2026-27 by a comfortable margin, with inflows during the first four months of the fiscal already 56% higher than in the corresponding period last year. Officials expect FY27 collections to come in significantly above the original target, particularly because a substantial share of small savings typically comes in during the March quarter.