India: Govt withdraws interest rate cut order on PPF | Nirmala Sitharaman | Latest English News

The Govt of India in its latest announcement withdraws its decision of slashing down interest rates on Public Provident Fund and on other schemes. Finance Minister Nirmala Sitharaman on Thursday through her official Twitter handle announces 'Interest rates of small savings schemes of GoI shall continue to be at the rates which existed in the last quarter of 2020-2021'.

#NirmalaSithraman #PPF #EnglishNews

About Channel:

WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One.

Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults.

Connect with us on our social media handles:

Follow us on Google News for latest updates

[shashi]

She is going to finish off middle class in this country, sad we don't have a deserving finance minister.

[mrinmit]

From the beginning, the FMs of this government are disastrous for the middle class.

[pratimat]

Hard earned money siphoned away through tolls, taxes and now this? Unbelievable. And what do we get after this? Hunger, Poverty and ever increasing prices of essential commodities

[kakarottech]

Here i thought government was pulled of its April fool prank😂

[adas]

the term 'oversight' is an overused word in big 4 consulting firms. May be that's the reason it's been used as a hangover of Madam's past stint in PwC. But trust me, it's a disaster. Unthinkable how this sharp cut was issued with a total disregard to lakhs, if not crores, of senior citizens who are not recipients of any sort of pension, and who are struggling to make their living out of interest incomes. In addition, it has done irreparable damage to BJP in WB Assam or any states where election is going on or would be held shortly. It's a blow straight below the belt and people will remember even if it has been withdrawn for time being.

[TON-vzpe]

This had to be a big Joke to the Finance Ministry. They think they can slash rates based on personal judgement and insight, and rather plan to not go with the actual market conditions.

[MaheshKumar-lqxm]

This lady is running ministry or a freaking joke ?
After election she will again order this... Thu

[shubhammishr]

Good decisions, such oversights should not happen in India because most of the people depend on savings for their retirement in India.

[rajxlsinall]

It's common sense, Thanks for using it.

[tejasakhamuri]

She's holds the ministry of withdrawls

[WillofD]

Thank you state elections for the oversight.❤️

[enslavedmind]

BJP coming to power was oversight and shall be overthrown

[CheramieJessica]

Jesus died for you was buried and rose again on the third day according to the sciptures. If you confess with your mouth Jesus is lord and believe in your heart that God raised him from the dead you will be saved. please repent of your sins and accept Jesus Christ as your lord and savior.

[Lionlio.]

Bjp is killing there supporter I am katar bjp supporters but now we have to take stand. Boht howa we can't tolerate it. Interests kataga to future ma rahaga kiya

[rks]

Some time this government takes a stupid decision after realise withdraw he withdraw his decision .

[RaulVincitaly]

5state election after it will come back

[soumyadeepghosh]

There will Be economically two classes of people in India . Upper class (<10%) and lower class

[krranjit]

Everyday this goberment change tax rules in India ..

[HarshitMathur]

This "oversight" was just a mistake of accidentally making this announcement before the elections

[kantilalsiddhapuria]

It is due to elections as soon as elections over Government reduce int rates