Government has money for OROP and Pay Commission salary and pension hike but no money for PPF,National Savings,and also Senior Citizen Scehmes because these groups are not organised and will not agitate on Ramleela maidaan.So Govt is not worried about loosing this vote bank.
Govt probably wants pensioners and senior citizen to become traders and earn much more than the interest .So senior citizen should thank the Govt for this initiative.
Smart_trade