Thursday, July 10, 2014

KVP COMING AGAIN

 In his maiden budget Sri. Arun Jaitley, Minister of Finance declared that Government is proposed to relaunch Kisan Vikas Patra to promote small savings.

Press Information Bureau
Government of India
Ministry of Finance  


Kisan Vikas Patra (KVP) Re-Introduced
      Kisan Vikas Patra (KVP) is being re-introduced to encourage people, who may have banked and unbanked savings to invest in this instrument. Announcing this during his maiden Budget Speech in the Lok Sabha today, the Finance Minister Shri Arun Jaitley said that KVP was a very popular instrument among small savers and is being re-introduced to promote saving. 
Source: PIB release dated 10.07.2014.

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