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Welfare of girl child is our topmost priority: Indian govt

Jul 10, 2014

India’s Finance Minister Arun Jaitley in his maiden Budget Speech has said that the Government attaches utmost importance to the welfare of Girl Child.

New Delhi: Jaitely also announced to introduce a special small savings instrument to cater to the requirements of educating and marriage of the Girl Child.

A National Savings Certificate with insurance cover will also be launched to provide additional benefits for the small saver.

The Finance Minister also announced in his budget speech about re-introduction of Kishan Vikas Patra (KVP) and enhancement of ceiling in PPF Scheme from Rs.1 lakh to Rs.1.5 lakh per annum.

He also announced that 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 Budget Speech in the Lok Sabha, 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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