Shiv Sena leader Priyanka Chaturvedi has urged Finance Minister Nirmala Sitharaman to provide a special interest rate on bank fixed deposits for senior citizens and remove the cap on investments in postal savings scheme and public provident fund.

In a letter to Sitharaman, Chaturvedi said lower interest rates on savings schemes have left senior citizens with lower retirement funds and put a severe strain on their pockets, particularly during the Covid-19 pandemic.