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Employer invests ₹25,000 each in KVP scheme for driver and maid's retirement

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A man named Naresh took financial initiative after realising his domestic staff — a driver and a maid — had no retirement benefits. He invested ₹25,000 each in Kisan Vikas Patra, a government savings scheme, totalling ₹50,000. Under current terms, the investment is expected to double in approximately 9 years and 7 months. Naresh hopes his action will encourage greater awareness of long-term financial planning for household workers. He is also considering making additional contributions in the future.

Read the full story at Times of India

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Employer invests ₹25,000 each in KVP scheme for driver and maid's retirement · ShortSingh