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Fix special interest rates on FDs for senior citizens: Sena MP to Sitharaman
Updated On: 23 January, 2022 05:27 PM IST | New Delhi | PTI
In a letter to Sitharaman, Chaturvedi said lower interest rates on savings schemes have left senior citizens with lower retirement funds and put a severe strain on their pockets, particularly during the Covid-19 pandemic
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Shiv Sena MP Priyanka Chaturvedi. File PIc
Shiv Sena leader Priyanka Chaturvedi has urged Finance Minister Nirmala Sitharaman to provide a special interest rate on bank fixed deposits for senior citizens and remove the cap on investments in postal savings scheme and public provident fund.
In a letter to Sitharaman, Chaturvedi said lower interest rates on savings schemes have left senior citizens with lower retirement funds and put a severe strain on their pockets, particularly during the Covid-19 pandemic.
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