Thursday, April 16, 2026

Tag: NPS Vatsalya scheme

Nirmala Sitharaman Introduces NPS Vatsalya Program for Children’s Future Savings

Finance Minister Nirmala Sitharaman introduced the NPS Vatsalya scheme on Tuesday, designed to help parents save for their children’s future through a pension account. The new scheme enables parents to open an NPS Vatsalya account with a minimum initial contribution of ₹1,000, with an annual contribution requirement of ₹1,000 thereafter.

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