It is good news that the savings in the Post office like National Savings certificates may get  8.8% /8.9% instead of the present 8.6% from April 2012 onwards. This was overdue.

But at the same time the government has reduced the long-term deposit that is in the Provident Fund is reduced from 9.5% to 8.25%. Horrible injustice to the Provident Fund  Account holders. It should be immediately restored to 9.5%, which was given last year.