The Central Directorate of National Savings (CDNS) on Wednesday obtained Rs 560 billion fresh deposits in last seven months of current fiscal year 2021-22 from the month (July 1st to January 31th).
The CDNS has set an annual gross receipt target of Rs 980 billion from July 1 to June 30 of the previous fiscal year 2020-21 to promote savings in the country, a senior official of CDNS told APP here. The senior official said the CDNS had set Rs 250 billion annual collection target from July 1 to June 30 for the year 2020-21 as compared to Rs 352 billion for the previous year (2019-20) same time span to enhance savings in the country.
The CDNS had set Rs 352 billion annual collection target for the year 2019-20 as compared to Rs 350 billion for the previous year (2018-19), he said. The senior official said that (CDNS) has started working to increase new investment opportunities and promote digital investment through many new projects.
The CDNS in collaboration with State Bank of Pakistan is developing digital Prize Bonds, which will be available through online electronic channels, he said. He said the CDNS is in process of launching its first Mobile App for online purchase and encashment of National Savings Schemes.—APP
