Senior citizens are hard hit because of decreasing bank rates. Please increase the additional interest on senior citizen Fixed Deposits to 2.5% (2% in addition to the present 0.5%). The burden of this additional 2% interest should be shared equally by banks and Govt of India (GOI) subject to a maximum of Rs 20000 from each (bank and GOI) per senior depositor. Even after these limits are exhausted banks should continue to provide 0.5 additional interest on all deposits by seniors. Increase the exemption limit for Income tax for 60 plus citizens to 6 lakhs and 80 plus citizens to 8 lakhs. Increase the 80c limit for senior citizens to 5 lakhs. The FD and SB interest earned by senior citizens should be exempt from tax up to one lakh.