Financial Daily from THE HINDU group of publications
Thursday, Feb 16, 2006
Financial Daily from THE HINDU group of publications Thursday, Feb 16, 2006 |
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Opinion
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Letters MIS bonus
The Government's sudden decision to withdraw the 10 per cent bonus on the Post Office Monthly Income Scheme (MIS) scheme will badly hit small investors. Most low- and middle-income individuals depend on this scheme for their savings. The Government should seriously re-consider its decision. The bonus was one reason why I chose to make my deposit. The post office should consider extending the benefit of the 10 per cent bonus to investors who have been caught unawares. P. Yugesh Narayan Chennai Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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