Savings interest rate cut rollback: Oversight or political hindsight?

The Centre on Thursday withdrew its order slashing interest rates on small savings schemes, including National Savings Certificates (NSC) and Public Provident Fund (PPF), for the first quarter of 2021-22. Finance Minister Nirmala Sitharaman said the it was an "oversight" -- a move being seen as an attempt by the BJP to contain the fallout of such a decision hitt more

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