New Delhi: Congress leader Priyanka Gandhi on Thursday asked Finance Minister Nirmala Sitharan that really “oversight” in issuing the order to decrease interest rates on GOI schemes or election driven “hindsight” in withdrawing it? On Thursday morning, Finance Minister Nirmala Sitharaman gave information about the withdrawal of the order on Twitter, shortly after this, Priyanka Gandhi tweeted targeting her.
Sitharaman tweeted, ‘The interest rate on small savings schemes of the Government of India will remain the same as it was in the last quarter of 2020-2021, i.e. the rates were till March 2021. The order given earlier will be withdrawn. ”Along with this, he has also described it as‘ oversight ’. On which Priyanka Gandhi has tweeted targeting.
Significantly, in a setback to the people who invested in small savings schemes, the government on Wednesday cut the interest rates on small savings schemes including Public Provident Fund (PPF) and NSC (National Savings Certificate) by up to 1.1 percent. This deduction was made for the first quarter of 2021-22 starting April 1.
