SMALL SAVINGS SCHEMES INTEREST RATES wef 01.04.2015-- PIB NEWS
Government Announces Interest Rates for Various Small Savings Schemes; Rates to Come Into Force with Effect from 01.04.2015
It
was decided by the Government of India that interest rates on Small
savings Schemes will be linked to yields on government securities of
comparable maturity. In pursuance of that decision, the Government has
decided to revise the rates applicable on various small savings schemes
as given in the table below.
Scheme
|
Rate of interest
w.e.f.01.04.2014
|
Rate of Interest
w.e.f. 01.04.2015
|
1.
|
2.
|
3.
|
Savings Deposit
|
4.0
|
4.0
|
1 Year Time Deposit
|
8.4
|
8.4
|
2 Year Time Deposit
|
8.4
|
8.4
|
3 Year Time Deposit
|
8.4
|
8.4
|
5 Year Time Deposit
|
8.5
|
8.5
|
5 Year Recurring Deposit
|
8.4
|
8.4
|
5 Year SCSS
|
9.2
|
9.3
|
5 Year MIS
|
8.4
|
8.4
|
5 Year NSC
|
8.5
|
8.5
|
10 Year NSC
|
8.8
|
8.8
|
PPF
|
8.7
|
8.7
|
Kisan Vikas Patra
|
8.7
|
8.7
|
Sukanya Samriddhi Account Scheme
|
9.1
|
9.2
|
The above rates will be effective from tomorrow i.e. 1.4.2015.
Thus the rates on many of the small savings scheme have undergone an upwards revision vis-à-vis 2014-15.
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EDITORIAL POSTAL CRUSADER: APRIL-2015
INTENSIFY THE STRUGGLES TO ACHIEVE
“ACHCHHE DIN”
After
Modi Government coming in power, every Central Government employee
including postal employees were expecting that “Achchhe Din” (Good Days)
will come to them as assured by Shri Narendra Modi and other senior
leaders of BJP during election campaign. They were expecting 50% or 100%
DA merger with Basic Pay , 25% Interim Relief, enhancement of limit of
Income Tax exemption upto 5 lacs, filling up of all vacant posts so
that the existing over burdened employees may get some relief and some
other facilities. But now every employee appears to be disappointed and
realizing that he has been cheated. Within these ten months no action of
Central Govt. appears to be in the interest of working class.
Some
employees were very much hopeful about the budget and they were
expecting that the income tax limit will be enhanced. But after budget
they are also more disappointed as no relief has been granted in this
regard. From the first day of this Govt. every decision whether it is
Labour Laws amendment, FDI in Railways and Defence, disinvestment of
public sector , grant of 6000 Crore Rupees loan to Adani to purchase
coal mine in Australia , amendment in Land Acquisition act have been
taken for the interests of Corporate Sector. A promise of deposit of Rs.
15 lakh in the account of each citizen after bringing back black money
from foreign banks has also been declared by BJP President as Election
stunt (Chunabi Jumla) so now every citizen is disappointed . On the
other hand corporate tax has been reduced from 30% to 25% . Concession
about 5.9 lakh crore has been given to corporates while the service tax
has been increased from 12.36% to 14% which will affect common man.
Against
all these so called neoliberal economic reforms and anti people, anti
farmer, anti working class policies, all sectors are on agitational
path.100%FDI has been declared in Railways and 41 Govt. Ordinance
factories have been declared for disinvestment to hand over to corporate
sector. In Postal Department also Task Force Committee has recommended
corporatization of various services.
Banks,
Insurance, Road Transport, Coal, Construction, electricity, Port and
various Scheme workers who are the worst sufferers of these neoliberal
economic policy offensives are going on agitational path.
National Council JCM of all Central Government employees’ organizations has taken decision of Parliament March on 28th April-2015
in which the date of indefinite strike will be announced against these
policy offensives of Central Government and to achieve genuine
demands..
Postal
Joint Council of action has declared series of agitational programmes
which have been successfully conducted everywhere. Now decision has been
taken in PJCA meeting held at NFPE office New Delhi on 24th March -2015 to intensify the agitational programmes. In this series after Parliament March by NC JCM on 28th April-2015, a grand Dharna will be organized by the All India leaders of both Federations on 29th April-2015. From 5th April to 15th April-2015 vigorous campaign will also be launched to mobilize entire rank and file to make the indefinite strike from 06th May
2015 a historic success so that the Govt, may be forced to reconsider
and to take back all these neoliberal economic policies which are
totally against the working class.
NFPE
appeals to the entirety of Postal, RMS and GDS employees to intensify
the struggles to make all the programmes grand success and to resists
these policy offensives and to achieve “ACHCHHE DIN” (GOOD DAYS).
