- Rajiv Gandhi Equity Savings Scheme (RGESS) started in 2013 has resulted in a gain of 20 % within a year of its launch.
- Appreciation of Central Public Sector Enterpriser ETF, Centre’s new disinvestment platform- registers appreciation of 45% since March launch
- This is another instance of successful financial product of the government.
- Not many know consumer price index linked govt guaranteed bonds offer 11% interest, it is known as inflation indexed saving certificates.
- There is need for govt to create larger awareness about its schemes and their simplification besides ensuring their wide availability
- Read at: http://www.thehindu.com/todays-paper/tp-business/why-govt-needs-marketing-lessons/article6047597.ece
Exams Perspective:
- Rajiv Gandhi Equity Savings Scheme (RGESS)
- Inflation Indexed Saving Certificates