<h1>India to Launch Inflation-Indexed Savings Securities for Retail Investors; Protects Against Inflation with CPI-Linked Interest Rate.</h1> The Government of India, in collaboration with the Reserve Bank of India, plans to launch Inflation Indexed National Savings Securities-Cumulative (IINSS-C) for retail investors in December 2013. These securities aim to protect savings from inflation, targeting the poor and middle classes. Available through banks, eligible investors include individuals, Hindu Undivided Families, certain charitable institutions, and universities. The interest rate will be linked to the Consumer Price Index, comprising a fixed rate of 1.5% and an inflation rate component. Early redemptions are allowed under specific conditions, with penalties applicable. Further details will be provided by the Reserve Bank of India.