sits, this saving capacity and inclination can be tapped. The agents could be given a commission on the basis of the amount collected; this would open out a new avenue of employment also. Some banks have got Pigmy or Nitya- nidhi deposits, which are" of this type and these schemes have succeeded well so far. Other banks could introduce such schemes. Since the motive for the deposits is not interest but accumulation of saving on a semi- contractual basis, the interest plus commission costs are not very large; in the existing schemes, the total costs come to less than 5 per cent.
