Finance Minister Nirmala Sitharaman launches NPS Vatsalya, a pension scheme for minors.

Finance Minister Nirmala Sitharaman announced the launch of NPS Vatsalya, a new pension scheme allowing parents and guardians to contribute towards minors' financial futures. Upon turning 18, the account can be seamlessly converted into a regular NPS account. This initiative aims to secure the financial future of India's young citizens, contributing to the vision of a prosperous India.

July 23, 2024
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