-The Hindu This is the first time that the Centre has scrapped the notified interest rates on small savings schemes after switching to a quarterly interest rate setting system in April 2016. Hours after notifying significant cuts in small savings instruments’ returns for this quarter, the government has backtracked on these sharp cuts. This is the first time that the Centre has scrapped the notified interest rates on small savings schemes after...

-The Hindu 93,000 accounts opened in post offices in less than a month Bengaluru: This year is all about investing in the girl child, or so it seems, going by the tremendous interest the concept has generated. Shortly after Prime Minister Narendra Modi launched the ‘Sukanya Samriddhi Yojana' this year, as many as 93,000 accounts have been opened till March 13 across Karnataka alone. The Karnataka Postal Circle is expecting the numbers...

**page** [inside]KEY TRENDS of the Union Budget 2023-24[/inside] Budget 2023-24 is the last full budget before the general election scheduled for 2024. An analysis of the budget allocations suggests that the union government has squeezed expenditure, particularly on food subsidy and the NREGA budget, while boosting Capital expenditure and giving the middle class tax benefits. Social sector activists working on Right to Food, the National Rural Employment Guarantee Act (NREGA) came out with...