In fiscal 2017 Amount Collected Over Past 5 Years
40,000 crore per year
rowing would be ₹ 4.23 lakh crore, which is slightly lower than the ₹ 4.25 lakh crore budgeted for the fiscal ending March 2017.
“In the current fiscal, inflow into these schemes have been high mainly because people deposited high amount of old ₹ 500
and`1,000notesafterdemonetisation. That bonanza will not be there next year. If interest rates in theseschemesareadjusteddownwards it is likely that inflow will not be much which means that the government will have to borrow more from the market,” said