Burre Din for Retirees from Private Sector
Govt to halt sale of GOI 8% Savings (Taxable) Bonds
Government’s savings bonds, on which it paid an 8% fixed rate of interest, will be withdrawn on January 2, 2018 — that will be the last day these bonds will be sold by the government, a notification on the RBI website said.
The savings bonds were one of the last resorts of senior citizens and retirees to earn higher interest income at a time when fixed deposit rates are falling.
After reducing the rate of interest on Senior Citizens Savings Scheme to 8.3% from 9.3% which caused a lot of hardship to senior citizens who do not get pension, this is another blow to them.
Is this Sabka Sath and Sabka Vikas and Achhe Din promise by the Prime Minister? It appears that someone in government is hell bent on hurting Retirees from Private Sector to turn them against BJP and Shri Narendra Modiji.
We request Local Circle Manager to bring this to the notice of PM immediately for damage control. more
Government’s savings bonds, on which it paid an 8% fixed rate of interest, will be withdrawn on January 2, 2018 — that will be the last day these bonds will be sold by the government, a notification on the RBI website said.
The savings bonds were one of the last resorts of senior citizens and retirees to earn higher interest income at a time when fixed deposit rates are falling.
After reducing the rate of interest on Senior Citizens Savings Scheme to 8.3% from 9.3% which caused a lot of hardship to senior citizens who do not get pension, this is another blow to them.
Is this Sabka Sath and Sabka Vikas and Achhe Din promise by the Prime Minister? It appears that someone in government is hell bent on hurting Retirees from Private Sector to turn them against BJP and Shri Narendra Modiji.
We request Local Circle Manager to bring this to the notice of PM immediately for damage control. more
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This a like stab in the back “You too Brutus”.The senior citizens were living with the hope that the GOI will increase the rates but are shell shocked . The sincere advices ,prayers ,hopes on the present govt is dashed off.We must mobilise people lest it will be a fait accompli. more
Jan 02
Senior Citizen, giving off share to Female that go away, being set aside by their Children at Modern Life Styles, Draining their sums on Children, IF NOT BEFITTED WITH EVEN REASONABLE INTEREST, cannot sustain naturally .
The Well known Government is to understand . None can do any thing in the case of those do not have money to Save or Deposit. more
The Well known Government is to understand . None can do any thing in the case of those do not have money to Save or Deposit. more
Jan 03
