ISLAMABAD: The Central Directorate of National Savings (CDNS) achieved Rs 80 billion in first quarter of current fiscal year from July, 01 to November,10 2016-17.
The target for the year 2016-17 was set at Rs 228 billion as the Directorate was able to achieve the target of Rs 218 billion for the previous fiscal year, a senior CDNS official said here on Tuesday.
Replying to a question, he said that CDNS is in the process to implement the modernization plan for facilitating its customers.
He said the CDNS would soon sign a Memorandum of Understanding (MoU) with National Institutional Facilitation Technologies (NIFT), under which senior citizens would get the amount credited in their accounts in National Bank of Pakistan (NBP).
After getting the membership of NIFT, he said the CDNS would launch registered prize bonds, besides transferring profit to the customers accounts.
Replying to another question, he said that reforms programme was approved by the Federal Cabinet in 2007, aimed at making structural changes in the CDNS for providing better delivery service.
The directorate would be equipped with modern tools for shifting from manual to innovative information technology (IT) services, he added.
The official said current system of CDNS was not according to the modern service standard, adding currently approximately 900 vacancies were vacant in different positions,which were needed to be filled for providing better facilities to "our valued customers".
The official added that CDNS would focus more to enhance capacity in delivery system and make IT system more efficient for facilitating the customers.
In this regard, the institution had master plan to computerize all 375 branches in different phases across the country.
"We are committed to facilitate the customers and performance based service to them according to the international standards", he said.
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