Cock and bull story : Chidambaram slams FM after RTI on revision, rollback of interest rate Just as I had said, the decision to lower the interest rates on small savings instruments with effect from April 1, 2021 was not an inadvertent error as was claimed by the FM. It was a conscious decision, said P Chidambaram
BusinessToday.In | May 21, 2021 | Updated 13:55 IST
Chidambaram slams Sitharaman over interest rates
Former Finance Minister P Chidambaram slammed the government for announcing lower interest rates on small savings schemes on March 31 and reverting on April 1, barely 12 hours apart. The Congress leader said that the inadvertent error as said by Finance Minister Nirmala Sitharaman while rescinding the order is a cock and bull story . He said that the decision obviously came from a superior authority .