Government keeps PPF rate unchanged at 7.1%
In short
The government kept small savings rates unchanged for the third quarter. PPF will continue to offer 7.1%.
This matters for people using small savings schemes because returns stay the same for now. The reporting does not say whether any other scheme rates changed.
What the reporting says
The government kept small savings rates unchanged for the third quarter, with Public Provident Fund returning 7.1 per cent. The reporting says this is the third quarter in a row with no change, but it does not state any broader policy reason or who specifically announced the decision. The immediate effect is stable returns for PPF investors this quarter.
Why it matters
The government left small savings rates unchanged for the third quarter, and the PPF rate stays at 7.1 per cent. That directly affects savers who use Public Provident Fund and other small savings products. The report does not give a reason for the decision or list any other scheme-level changes beyond the unchanged rates.