All the persons who has retired from jobs can be divided into two categories one is from Govt job and other is from non govt jobs . One is having pension to take care of retired life and also pension amount increases time to time as per revision of salary, DA etc . It has been observed that inflation ,price rise etc is take care of by this increment .
Rest of the person who has retired from private and other areas and have no pension is dependent on the fixed deposit income . During retirement a whole sum amount was given to individual . All person
invest the amount either to bank or post office fixed deposit scheme so that a consolidated income can be raised from the deposit. A few who deposited this amount to private financial institution for higher returns lost every thing. A person who deposited the amount on 12% interest a few years back now gets 7.75% at the most 8% at post office . It is understood Govt is keen
on reducing the interest gradually but this puts SR CITIZEN under
non Govt capacity under pressure. One hand SR CITIZEN is getting compensated and their income rises on the other side SR< CITIZEN income reduces day by day and this is great anamoly.
All SR.CITIZEN must unite and voiced together to finance minister and prime minister to resolve the issue.
All are requested to read this mail and in support send their email addresses so that aconsolidated demand can be sent to minister for consideration.
dguha
sr.citizen forum
india
dguha1952@gmail.com
