Kisan Vikas Patra to be re-launched tomorrow

New Delhi, Nov 17: To encourage the habit of small savings among citizens, the Union government is planning to re-launch the once successful Kisan Vikas Patra (KVP) on Tuesday. Union Finance Minister Arun Jaitley will be re-launching the KVP in New Delhi on Tuesday, said a PIB release. Jaitley, in his budget speech, had announced that KVP and National Savings Schemes (NSS) will be re-introduced. The KVP will be available to the investors in the denomination of Rs. 1000, 5000, 10,000 and 50,000, with no upper ceiling on investment, the release said. The investment made in the certificate will double in 100 months.