Question : HIGHER INTEREST FOR SENIOR CITIZENS



(a) whether any proposal is under consideration of the Government to give higher interest to senior citizens on their fixed deposits in post offices as has been done by certain banks;

(b) if so, the details thereof;

(c) if not, any other kind of concessions the Department of Posts propose to extend to senior citizens; and

(d) if so, the details thereof and the steps taken to give wide publicity to such schemes to enable senior citizens aware of these schemes ?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATIL)


(a) There is no such proposal under consideration of the Government.

(b) Does not arise.

(c) No, Sir.

(d) Does not arise.