Government aims at raising savings; re-launches Kisan Vikas Patra
“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 due to slowdown in the economy. It is, therefore, necessary to encourage people to save more,' Finance Minister Arun Jaitley said during the launch of the revamped KVP.
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