What is NPS Vatsalya? All you need to know about new pension plan being launched by FM Nirmala Sitharaman today
NPS Vatsalya is the central government’s new pension plan for children, which Finance Minister Nirmala Sitharaman is launching today. We have all the details.
Nirmala Sitharaman Launches NPS Vatsalya: A Pioneering Pension Scheme for Minors
During her keynote address, Smt. Sitharaman emphasized that NPS Vatsalya aligns with Prime Minister Narendra Modi’s vision of a developed India by 2047.
Finance Minister Nirmala Sitharaman introduces NPS Vatsalya scheme for children's future savings
Finance Minister Nirmala Sitharaman introduced the NPS Vatsalya scheme on Tuesday, enabling parents to invest in a pension account for their children’s future. This new initiative allows parents to start saving for their child's retirement at an early stage.
Explained: What Is NPS Vatsalya Pension Scheme For Children
In a significant move to secure the financial future of young children in India, the government has launched the NPS Vatsalya pension scheme, which offers flexible contributions and investment options for parents or guardians.
NPS Vatsalya: FinMin’s pension scheme for minors
NPS Vatsalya is a pension scheme designed for minors. This initiative was rolled out across 75 locations nationwide with over 250 PRANs (permanent retirement account numbers) being allocated to young subscribers.
Under NPS Vatsalya What Happens To Pension Account When Minor Turns 18
Sitharaman also launched an online platform for subscribing to NPS Vatsalya and released the scheme brochure. NPS Vatsalya is an extension of the already existing NPS to children. In the last 10 years,
NPS Vatsalya: Pension plan that starts early for child's financial security
Scheme gives access to a variety of investment options but may not suit for people who desire liquidity in their investments
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