Saving Schemes in India are investing opportunities made available to Indians by the government and various public sector financial entities. Several saving schemes in India encourage Indians to develop investment and saving practices.
In India, last year 40% of Indians invest in mutual funds and equity. Increasing the amount of money entering the Indian economy through this method is another advantage of investments in various saving schemes. You may take advantages of investment like tax exemptions offered by some savings plans by using government-backed saving programs, which enable you to let money grow at higher rate of interest.