View: What happens when political compulsions come in the way of fiscal prudence?

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SSS should flip viable over time, with much less authorities intervention in fund use and progressively linking returns to markets.

Synopsis

The motion to sharply minimize curiosity returns on State-backed small financial savings schemes (SSS), and a fast correction to reverse it — in what would go down as the quickest rollback of a reasonably vital authorities determination. But we will guess.

We know the dictionary definition of oversight: an unintentional failure to note or do one thing. What we don’t is what induced the ‘error’ — the motion to sharply minimize curiosity returns on State-backed small financial savings schemes (SSS), and a fast correction to reverse it — in what would go down as the quickest rollback of a reasonably vital authorities determination. But we will guess.

Probably, a well-meaning bureaucrat, serving a deficit-conscious

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