Finance Minister Nirmala Sitharaman took to twitter this morning to cover up the anti-middle class act of the Government of reducing Interest Rate on various Schemes such as National Saving Certificate, Public Provident Fund which would have hurt millions of Middle Class Depositors. The statement of the Finance Minister that the Order was issued with oversight is nothing but another attempt to “Fool” the People on the “April Fool Day”. The Government is compelled to keep the order on hold fearing strong reactions from the Citizens especially from the poll bound States like Tamil Nadu, Kerala, Assam etc. claimed Digambar Kamat.
The misdeeds, sins and mismanagement of the BJP Government since coming to power are now Full and have started Overflowing. The people should realise what lies ahead for them and ensure that the insensitive BJP Government is defeated to save the Economy and Democracy of India state Digambar Kamat.
It is shocking that the Interest Rates were reduced by 0.70 – 1.4 percent on Small Saving Schemes like PPF, NSS etc. This proves the insensitive approach of the BJP Government which always tried to support Capitalist and Big Business Houses by announcing Tax holidays and waiver of Bank Loans charged Digambar Kamat.
The irresponsible BJP Government took the disastrous decision of De-monetization without consulting anyone, which resulted in complete collapse of Economy in the Country. The directionless Government is not in a position to revive the Economy and boost the Marginalized Sector.