Cong. targets Finance Minister for flip-flop over interest rates on small saving schemes
The Hindu
Nothing ‘inadvertent’ in cut, says former Finance Minister P. Chidambaram; decision to put it on hold ‘election-driven’ move, says party general secretary Priyanka Vadra.
Former Finance Minister P. Chidambaram on Thursday said that there was nothing “inadvertent” about announcing a cut in interest rates on small saving instruments while Congress general secretary Priyanka Gandhi Vadra called the as being an “election- driven” move. Stepping up the attack, party chief spokesperson Randeep Surjewala said Finance Minister Nirmala Sitharaman had no “moral authority” to continue in her position if a decision affecting millions could be taken by an “oversight”. “Really @nsitharaman ‘oversight’ in issuing the order to increase interest rates on GOI schemes or election driven ‘hindsight’ in withdrawing it?” asked Ms. Vadra in response to Ms. Sitharaman’s tweet in which she described Finance Ministry’s orders to revise the interest rates as “an oversight”.
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