Agents Incentive

In order to encourage the agents on mobilization of Small Savings collection, the Government of Tamilnadu have extended the cash incentive scheme to the Small Savings agents upto 30/09/2005.  The rate of incentive is being paid by the State Government is as follows:  
Sl.No Type of Agents Govt. of India Commission Additional State Govt. Incentive Total
1. SAS 1%  0.5%   1.50% 
2.  MPKBY 4 % 2 % 6 %
3. PPF 1 % 0.5 % 1.50 %
 

Agents Award Scheme

Total cost :    Rs.21,19,400/-

ELIGIBILITY – Total collection performance in each agency:
No. of blocks (the Town Panchayats to be added to nearest blocks)  385
No. of Municipalities  102
Chennai Corporation zones  10
Coimbatore (4), Salem (4) Madurai (4), Trichy (4), Thirunelveli (4) zones  20

Total Units   

 517

 

BLOCK AWARD

Category of Agency Unit Scrip Value
(KVP/NSC)
(Rs.)		 Total No. 
of Units		 Cost
(Rs.)
SAS (517) Block 1000/- 517 5,17,000/-
MPKBY  I Prize -do- 1000/- 517 5,17,000/-
                II Prize -do- 700/- 517 3,61,900/-
                III Prize -do- 500/- 517 2,58,500/-

Total  

16,54,400/-


DISTRICT AWARD

Category of Agency Unit Scrip Value
(KVP/NSC)
(Rs.)		 Total No. 
of Units		 Cost
(Rs.)
 SAS        I Prize District 3000/- 30 90,000/-
                II Prize -do- 2000/- 30 60,000/-
               III Prize   1000/- 30 30,000/-
 MPKBY   I Prize   3000/- 30 90,000/-
                 II Prize -do- 2000/- 30 60,000/-
               III Prize   1000/- 30 30,000/-
PPF -do- 2500/- 30 75,000/-

Total District Award  

4,35,000/-



STATE AWARD

Category of Agency Unit Scrip Value
(KVP/NSC)
(Rs.)		 Total No. 
of Units		 Cost
(Rs.)
SAS  STATE 5000/- 1 5,000/-
MPKBY  -do- 5000/- 1 5,000/-
PPF -do- 5000/- 1 5,000/-

Total State Award - I    

15,000/-


STATE AWARD FOR PHYSICALLY HANDICAPPED AGENTS

Category of Agency Unit Scrip Value (KVP/NSC)
(Rs.)		 Total No.
 of Units		 Cost
(Rs.)
SAS  STATE 5000/- 1 5,000/-
MPKBY  -do- 5000/- 1 5,000/-
PPF -do- 5000/- 1 5,000/-

Total State Award - II    

15,000/-



Total cost (Block level+ District Level + State Level)                        Rs.21,19,400/-