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Modi govt goes full throttle to woo voters, changes 26 years-old-rule

Earlier, These employees were only allowed to invest up to 50 thousand in the stock market, debentures or mutual funds. If they had to invest more than that, they were required to furnish detail pertaining to it to the central government.

Saima Siddiqui

Saima SiddiquiBy Saima Siddiqui

Published on 10 Feb 2019 6:27 AM GMT

Modi govt goes full throttle to woo voters, changes 26 years-old-rule
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Modi govt goes full throttle to woo voters, changes 26 years-old-rule
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New Delhi: Modi-led central government has changed its 26-years-old rule ahead of Lok Sabha elections for its group 'A' and group 'B' employees by allowing them to invest their six months basic pay in share market or mutual fund.

Earlier, These employees were only allowed to invest up to 50 thousand in the stock market, debentures or mutual funds. If they had to invest more than that, they were required to furnish detail pertaining to it to the central government.

Meanwhile, the limit for the group 'C' and 'D' employees is 25 thousand. Employees, however, are entail to give information about their investments to the government.

It could be said from such largesses that Modi-led BJP is leaving no stone unturned to woo its voters to win upcoming general elections. Either, it is about the 2019 budget where his government showed generosity towards farmers, labours and working middle class or other socio-political issues like Ram-Janam bhoomi, Citizenship Bill, triple-talaq etc where BJP could be seen toiling hard to mark its second consecutive victory at the center.

Saima Siddiqui

Saima Siddiqui

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