Surgical strike on your pocket too: Govt reduces interest rate on PPF, Kisan Vikas Patra

New Delhi: The Narendra Modi government  has reduced interest rates on small savings by 01%. This means that you will get less interest on PPF, Kisan Vikas Patra , National Saving Scheme (NSS), Sukanya Smridhi Yojna, Senior Citizen Saving Scheme and on Recurring Deposits of duration 1-5 years. The new rates are effective October 1.