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Sunday, November 23, 2014

Kisan Vikas Patra relaunched

The government relaunched the once popular small savings scheme - the Kisan Vikas Patra (KVP).

"In the last 2-3 years, savings rate in country has declined from a record high of 36.8 per cent to below 30 per cent. It is, therefore, necessary to encourage people to save more" Finance Minister Arun Jaitley said during the launch of the revamped .......