Government is bringing the option of Fixed Deposit. You will always get 2 percent more interest. All the money will remain safe.
Central government to provide relief to common people struggling with inflation Special bonds that beat inflation Preparing to bring. This step will not only provide safe investment option but will also provide economic security to the public amid rising inflation.
Bond characteristics
- Interest above inflation rate:
- interest rate on this bond Consumer Price Index (CPI) That means it will be higher than the inflation rate.
- Example: If the inflation rate is 6%, the interest rate on the bond will be kept higher than this.
- Government Support:
- the scheme National Bank for Financing Infrastructure Development (NaBFID) Can be brought under.
- NaBFID has the right to raise capital from the market and issue various types of bonds.
- Safe Investment Options:
- This bond will be AAA-rated with government guarantee, making it extremely low risk.
Why is this bond necessary?
- Loss due to inflation:
- People saved due to rising inflation Purchasing Power Decreases.
- Example: If the inflation rate is 5% and the interest on your savings is 4%, then you are actually facing a loss of 1%.
- Current investment options limited:
- Due to closure of tax saving bonds and long term schemes, the general public is left with fewer investment options.
- Post office schemes, PPF, and senior citizen savings schemes are the main options right now.
- Effect of inflation:
- Rising prices of food items and vegetables Has been the main reason for inflation.
- Retail inflation stood at 6.21% in October, although it saw some decline in November.
impact on common man
- Safe and Profitable Investment:
- By investing in this bond the effect of inflation can be reduced.
- Despite rising inflation, the real value of your savings will remain safe.
- Economic stability in the long run:
- This scheme will give long term benefits compared to other investment options.
- This bond will be especially beneficial for pensioners and the middle class.
importance of investment
Right investment is very important to understand inflation and reduce its impact.
- Direct effect of inflation:
- If the inflation rate is 5% and your investments are growing at 4%, your money is depreciating by 1% every year.
- Inflation Beating Bonds:
- This bond will protect the purchasing power of your money by paying interest rates above inflation.
simple example
Inflation Rate (%) | Bond Interest (%) | Actual Profit (%) |
---|---|---|
5% | 7% | +2% |
6% | 8% | +2% |
7% | 9% | +2% |
This proposed bond of the government is not only will reduce the effect of inflationbut will also provide economic security to the general public. This move will be beneficial for pensioners, middle class, and small investors. Safe and effective investment option will form.
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