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Gehlot targets govt for flip-flop over rates on small savings scheme

Read more about Gehlot targets govt for flip-flop over rates on small savings scheme on Business Standard. Rajasthan Chief Minister Ashok Gehlot on Thursday asked Finance Minister Nirmala Sitharaman to explain to the nation the flip-flop over interest rates on small saving schemes.Sitharaman on Thursday morning said the government will rollback a steep

Orders issued by oversight : FM Sitharaman announces withdrawal of interest rate cut on small savings

Orders issued by oversight : FM Sitharaman announces withdrawal of interest rate cut on small savings
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Orders issued by oversight, FM Sitharaman withdraws cut in interest on small savings, Twitterati responds

Highlights Interest rates of small savings schemes to continue. Rates @ that existed in the last quarter of 2020-2021. New Delhi: Finance Minister Nirmala Sitharaman announced government decision to withdraw orders on reduction of interest rate on small savings schemes. The FM assured that the rates to the last quarter of the financial year ended March 31 will be restored. Interest rates of small savings schemes of GoI shall continue to be at the rates which existed in the last quarter of 2020-2021, ie, rates that prevailed as of March 2021. Orders issued by oversight shall be withdrawn, Sitharaman said in an early morning tweet.

Govt withdraws order cutting interest rates on small savings schemes

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