Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Sunday directed all the Deputy Commissioners across the State to ensure timely issuance of certificates to orphans in their respective districts by November 7 this year as part of the effective implementation of the Mukhya Mantri Sukh
Himachal Pradesh: Benefits worth Rs 4 68 cr to orphans under MMSAS thestatesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestatesman.com Daily Mail and Mail on Sunday newspapers.
Small savings scheme interest rates are revised every quarter by the government and interest rates vary accordingly. Apart from the interest rate one should also note and calculate the compounding frequency of interest payout as the final amount may vary depending on this.
According to a finance ministry circular, interest rate on savings deposits has been retained at 4 per cent and on the one-year term deposit at 6.9 per cent
The government has kept interest rates of all key small savings schemes unchanged for the October-December period, except for the five-year recurring deposit, which has been hiked from 6.5 per cent to 6.7 per cent.