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Govt to relaunch Kisan Vikas Patra Tuesday; money to double in 100 months

In view of popular demand, the government will on Tuesday relaunch saving instrument Kisan Vikas Patra (KVP), wherein the invested money will get doubled in 8 years and 4 months.

$1 trn in household saving in 5 yrs if growth revives: HSBC

A cyclical uptrend in growth will lift savings rate, but this is not enough to fund government's grand investment plans, an HSBC report said Tuesday.