Raise PPF Limit,interest rate post office saving Bank,withdraw KVP :Report

Posted: 07 Jun 2011 11:23 AM PDT

A government committee has suggested raising interest rates on Post Office savings bank deposits to four per cent, a suggestion that could benefit lakhs of small depositors. The Committee on Small Savings also recommended linking returns on other small savings schemes with interest rates on government securities. It has also suggested that Kisan Vikas Patra (KVP) be withdrawn and annual...

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