nandkumarkhare
4 years 11 months ago
frame a scheme for senior citizen where their value of hard earned money does not get eroded by inflation. Just issue bonds or receipts for amounts in multiples of Rs. 10,000. if such money is invested then govt will give returns to them in the current value which is equivalent of amount invested. Govt. may not pay any interest but just assures that after minimum lock in period is 2 years and when ever it is put for redemption then govt will pay them actual value without any tax liability.
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