Bad news for small savers

There won't be any cut in interest rate of Small savings schemes . Yesterday's decision to lower the interest rate is REVERSED more  

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You do not have to blame the Babus. They will act what ever good or bad is conveyed by the Minister. After all they are Yes boss people and take the blame on them more  
This shows that FM has no control over bureaucrats in Finance Ministry. A move like this which affects all citizens of India and more so Senior Citizens is made without prior consultation with the Finance Minister. It appears that the said notification was issued by bureaucracy who does not like PM and BJP to influence voters in Bengal and Assam not to vote for BJP. This news of reduction in interest rates of small savings has appeared on front page of newspapers. more  
Sir, it is not clear whether, your above said post blaming bureaucracy is based on facts or an assumption. I do not think appropriate to pass on judgements based on assumptions and blame bureaucracy. If it is based on facts, it is unfortunate. Regards. more  
kindly don't reduce the savings ROI atleast keep it as it is more  
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