PM Modi visit USA
Only the mirror in my washroom and phone gallery see the crazy me : Sara Khan
Karnataka rain fury: Photos of flooded streets, uprooted trees
Cannes 2022: Deepika Padukone stuns at the French Riviera in Sabyasachi outfit
Ranbir Kapoor And Alia Bhatt's Wedding Pics - Sealed With A Kiss
Oscars 2022: Every Academy Award Winner
Shane Warne (1969-2022): Australian cricket legend's life in pictures
Photos: What Russia's invasion of Ukraine looks like on the ground
Lata Mangeshkar (1929-2022): A pictorial tribute to the 'Nightingale of India'
PM Modi unveils 216-feet tall Statue of Equality in Hyderabad (PHOTOS)
Hockey India has announced a 54-member core probable squad for the upcoming senior men’s
- Satwik-Chirag return as BAI names 14-strong squad for BWF Sudirman Cup Finals 2025
- Men’s Sr Hockey Nationals to be played in division-based format from April 4
- Mensik denies Djokovic 100th title in Miami final
- KIPG: Son of a vegetable vendor, Bihar’s Jhandu Kumar eyes Worlds, 2028 Paralympics
- Hardik Singh credits hard work and team unity for receiving HI Midfielder of the Year award
Wrong time to reduce interest rates on small savings: Chidambaram Last Updated : 01 Apr 2020 11:29:37 AM IST 
Former Union Finance Minister P. Chidambaram (file photo) Former Union Finance Minister P. Chidambaram has slammed the government for reducing the interest rates on small savings and PPF and said it may be "technically correct but it's wrong time" as the country is amid lockdown due to fear of coronavirus and people have no way of income.
"In times of acute distress and uncertainty about income, people depend on the interest income on their savings." tweeted Chidambaram.In times of acute distress and uncertainty about income, people depend on the interest income on their savings.
— P. Chidambaram (@PChidambaram_IN) April 1, 2020
Government must reconsider immediately and restore old rates until June 30.@narendramodi @PMOIndia @nsitharaman @nsitharamanoffcThe former Minister demanded roll back, saying, "Government must reconsider immediately and restore old rates until June 30. While reducing the interest rate on PPF and small savings may be technically correct, it is absolutely the wrong time to do so."The Union Government has reduced the interest rates on small savings schemes by 70 to 140 basis points for the year 2020 during April-June quarter.Public provident fund interest rates in the quarter have been brought down by 80 bps to 7.1 per cent and for KVP (Kisan Vikas Patra) the rate has been slashed by 70 bps to 6.9 percent and after reduction of 0.8 percent, the girl child-focussed Sukanya Samriddhi scheme now stands at the interest rate of 7.6 per cent.
IANS New Delhi For Latest Updates Please-
Join us on
Follow us on
What binds the two most talked about nations - India and Pakistan together? What makes the
Writer Smita Singh promises to bring a fresh twist to the horror genre with her latest pro
LG Electronics Inc said on Wednesday that it will introduce new C with its artificial inte
172.31.16.186
