"On one hand, some people are shouting against chit funds and on the other, they are slashing interest rates in small savings schemes.
"This is an anti-people decision, which will put more burden on common man. We demand that this decision be immediately withdrawn," TMC secretary general Partha Chatterjee told reporters after the party's core committee meeting.
The government has lowered interest rates on small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi by 0.1 per cent for the April-June quarter, a move that would prompt banks to cut their deposit rates.
Clarifying the decision of not hitting the streets this time, a senior TMC leader said, "It's summer and any mass movement will cause lots of problems for the common man."
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TMC sources said Banerjee asked party leaders at the meeting to organise more programmes in the districts and highlight the threat of communalism.
"Our party supremo has told us to be on high alert as divisive forces are trying to gain foothold in the state and divide it on religious lines. We have been asked to increase mass contact and propagate about the developmental works of the state government," a senior TMC leader said.
Banerjee asked party leader Nirbed Roy to prepare a booklet about the "communal politics" of BJP in the state.
Former minister and senior TMC leader Madan Mitra attended the core committee meeting after a gap of over two years. He had been in jail following his arrest by CBI for his alleged involvement in Saradha chit fund scam.
The decision for a few organisational changes in the districts was also taken up in the meeting.
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