12% Divyangjan Savings (Taxable) Bonds

We request Government to issue 12% Divyangjan Savings (Taxable) Bonds on International Day for Persons with Disabilities as a welfare measure for 18 Crore Divyangjans to provide them regular income stream. The terms & conditions can be same as for GOI 8% Savings (Taxable) Bonds 2003. The interest may be paid every quarter.
Government may also exempt these Bonds from TDS to reduce hardship to Divyangjans. Banks can upload the interest paid for each PAN No. in Form 26AS for income tax purpose.
All Divyangjans having disability exceeding 40% as certified by a Central Government Hospital will be eligible to invest in these bonds. more  

Proposal worth consideration more  
Great idea! Govt should launch it soon. more  
VERY GOOD IDEA more  
excellant idea .govt should do this. Handicapped has been felt burdensome in families. IN rural ares this will be good. I know a christian family having three diff.abled and depended on able bodied girl who suddenly expired from cancer. father and mother also died. I do not have contact now. see the plight.what will happen to them without anyone to care for. viswanathan more  
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