Thursday 10 July 2014

Current Affairs-Indian Government's General Budget 2014-15-Kisan Vikas Patra (KVP) Re-Introduced

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, 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.  

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