Thursday, 10 July 2014

Kisan Vikas Patra (KVP) Re-Introduced:Budget2014

                                                       

                                                      Press Information Bureau
                                                          Government of India
                                                          Ministry of Finance
                                                     10-July-2014 14:00 IST
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.

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