This country and the clash between the ‘janta’, the ruling party and the opposition is no less than the drama we see in a ‘saas bahu’ soap. Governing the largest democracy in the world is no joke and comes with a myriad of responsibilities and liabilities. Obviously, one law, one decision cannot cater to all but yet, every year, we instil faith in the Finance Ministry to bring some relief to the ‘aam aadmi’ in the form of a nation-friendly budget. Investments for the common man is a very important part of life and obviously the interest rates on saving schemes affects their future. The Finance Minister, Ms. Nirmala Sitharaman, took everyone by surprise when she announced that the government was rolling back orders on slashing interest rates on saving schemes because the order was initially passed off as an ‘oversight’ only.
Interest rates of small savings schemes of GoI shall continue to be at the rates which existed in the last quarter of 2020-2021, ie, rates that prevailed as of March 2021.
Orders issued by oversight shall be withdrawn. @FinMinIndia @PIB_India
Naturally, this is not a random party invite which was cancelled and the host could just politely broadcast a message explaining the plan is cancelled. A policy and everything related to it is studied and discussed at large before passing off for an entire nation. People were very astonished at this announcement and had a few questions to ask.
How can this be an oversight? Such policy decisions can't be just typed and broadcasted by some Babu or PA in a jiffy without the perusal of who's who of fin min. It looked deliberate and probably withdrawan due to outrage or the fear of impact on ongoing elections.
— THE SKIN DOCTOR (@theskindoctor13) April 1, 2021
For others who could not find many words to express their disappointment in how the government sometimes functions so randomly, they decided to call it a prank for ‘April Fools’ and resorted to making memes and jokes out of this.
#NirmalaSitharaman reduces saving #Intrestrates
Looting hard earn money for public pic.twitter.com/xVCI3wEgxs
This may be #AprilFoolsDay as the order passed must have all formalities completed by the Ministry and Bureaucracy
If it is Oversight then #NirmalaSitharaman needs to resign immediately as such Oversight can't be tolerated
There may be effect on voting in 5 states,so withdrawn! https://t.co/MoYYMgAYOI
What a Great Financially Professionally Fool Day #NirmalaSitharaman #oversight #AprilFoolsDay
— Ravi (@Ravijs) April 1, 2021Basically we need to change the meaning of 1st April and rename it as ‘Oversight’ Day.
Today is #AprilFoolsDay
But henceforth I will make it famous as #oversight day..#NirmalaSitharaman pic.twitter.com/EqQKzN4HG4
Meanwhile #NirmalaSitharaman pic.twitter.com/W6AhzVfLH0
— voodoo mama juju (@shreyav68765034) April 1, 2021#NationalJumlaDay #oversight #FekuDiwas #NirmalaSitharaman #मोदी_दिवस
Sitaraman - Dekhiye mere paise tou Shah ji ke pass hi rehte hain, mahine ka 2 taka dete hain wo pic.twitter.com/6kvVZQrgLI
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