Priyanka slams Nirmala, asks ‘oversight’ or ‘hindsight’?

File photo of Priyanka Gandhi

New Delhi: After the Union government withdrew its order to slash interest rates for small saving schemes, Congress leader Priyanka Gandhi took a jibe at Union Finance Minister Nirmala Sitharaman’s ‘oversight in issuing order’ comment and asked her if the decision to revoke the order was taken in view of the ongoing State elections.

Priyanka asked Nirmala Sitharaman if the Centre’s turnaround was a case of oversight, as claimed, or one of election-driven hindsight. Congress’ chief spokesperson Randeep Surjewala also criticised Nirmala Sitharaman, and asked whether a circus or a government was being run.

Yesterday’s announcement by the Finance Ministry saw interest rates on schemes such as the National Savings Certificates and Public Provident Fund (PPF) being cut of up to 1.1 per cent for the first quarter of 2021-22 in a massive blow to middle-class depositors. With this, the PPF rates stood at a four-decade low.

However, Nirmala announced this morning that last evening’s orders were a case of ‘oversight’.


NT Bureau