COVERAGE UNDER CENTRAL CIVIL SERVICES (PENSION) RULES, 1972 OF THOSE CENTRAL GOVERNMENT EMPLOYEES WHOSE SELECTION FOR APPOINTMENT WERE FINALIZED BEFORE 01.01.2004 BUT JOINED GOVERNMENT SERVICE ON OR AFTER 01.01.2004 - EXTENSION OF CUT-OFF DATES(31/03/2021)

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CENTRAL CIVIL SERVICES (IMPLEMENTATION OF NATIONAL PENSION SYSTEM (NPS)) RULES, 2021(30/03/2021)

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ARIFICATION REGARDING FULL AND FINAL SETTLEMENT OF BILLS/CLAIMS PERTAINING TO LTC SPECIAL CASH PACKAGE SCHEME

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No changes in Interest Rate of Small Savings Schemes

 Interest rates of small savings schemes of GOI shall continue to be at rates which existed in the last quarter of 2020-21 i.e. rates that prevailed as March 2021.

Orders issued by oversight shall be withdrawn

Revisions of Interest rate for the Small Savings Scheme from 01/04/2021 to 30/06/2021 ( Now Withdrawan)

 

 

Breaking News : Government withdraws small savings scheme interest rate cut

Breaking News : Government withdraws small savings scheme interest rate cut

 

The Centre has pulled back its decision to cut interest rates of small savings schemes announced last evening.

The announcement was made by Finance Minister Nirmala Sitharaman on April 1 on microblogging site Twitter.

Early in the day Sitharaman tweeted: "Interest rates of small savings schemes of GoI shall continue to be at the rates which existed in the last quarter of 2020-2021, ie, rates that prevailed as of March 2021."

She added that the orders, which were "issued by oversight", will be withdrawn


This came after the Ministry of Finance had on March 31 announced a cut in small savings deposit rate from 4 percent to 3.5 percent for the first quarter of the financial year starting April 1, 2021.

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