Finance Minister has made it clear that the interest rates on small savings schemes will continue to be at the level as in March 2021.
The interest cut item was a screaming headline in newspapers today amid the second phase polling in the state of West Bengal and Assam.
Finance Minister Nirmala Sitharaman has withdrawn the recent orders related to the changes in the interest rates of small savings schemes.In a Tweet, she said that the Government of India shall continue to be at the rates which existed in the last quarter of 2020-2021. It implies that the interest rates on small savings schemes will continue to be at the pre-existing levels that prevailed as in March 2021.
Please click the link below & support our initiative newsabode.com
(NOTE: We seek your support—At a time when the news is under threat, we have opted for a different approach with hopes of your support. The purpose of launching newsabode.com is primarily aimed at ensuring the survival of true independent Journalism. We bring news to you from across the world. To support truly independent journalism, please consider making a contribution to newsabode.com or taking a subscription)
We provide a link to another option to back up the initiative —https://mail.google.com/mail/u/