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 Mr Arun Jaitley said that KVP was a very popular instrument among small savers and is being re-introduced to promote saving.
New Kisan TV for Farmers to be Launched Soon
The Union Finance Minister, Mr Arun Jaitley has also announced Kisan TV, dedicated to the interests of the agriculture and allied sector will be launched in the current financial year.
This will disseminate real time information to the farmers regarding new farming techniques, water conservation, organic and farming etc, said the Finance Minister and said for this purpose the ministry has allocated a sum of Rs 100 crore in the General Budget 2014-15.
Currently, few TV channels telecast programs for farmers daily but there is no dedicated TV channel for farmers.