Small savings: No one is fooled by Finance Minister’s retraction, says CPI (M)
The Hindu
Decision has been put on hold due to Assembly elections, it says
Finance Minister Nirmala Sitharaman’s retraction of the announcement made by the government on Wednesday drastically reducing interest rates on small saving schemes does not fool anybody, CPI(M) Polit Bureau said in a statement here. The party said the people should rise in protest because this proposal will be implemented post the ongoing Assembly elections. “It is clear that the decision has been kept on hold due to the Assembly elections in five States. This is similar to the dictate imposed by the government on oil retailers to not hike the prices of petroleum products till the elections are over,” it said.More Related News