The government has dealt a sharp blow to your long and short term saving plans. Whether you have invested in Public Provident Fund or have bought Kisan Vikas Patra, your small savings will give even smaller returns. Interest rates on a plethora of schemes have been sharply revised downwards, the middle class receives another blow days after steep fuel price hike.
Rahul Gandhi has termed the government’s move an assault on the middle class. People are certainly not happy.
And with five states slated to go to polls, the verdict on both the economics and politics of the Modi government will be out soon.