The State Government has sanctioned Rs. 1.25 crores as incentive to Visakhapatnam district for exceeding the small savings target during 2009-10, Special Tahasildar for small savings K. Ramamani informed here on Tuesday.
The Special Tahasildar said the district achieved Rs. 1,040 crores against the target of Rs. 700 crores, 148 per cent while the profit was Rs. 155.42 crores, 388 per cent against the target of Rs. 40 crores.
Ms. Ramamani on behalf of District Collector thanked the district officials, National Savings Scheme agents and Department of Post officials for helping in the district to cross the target in small savings.