FM Nirmala Sitharaman to launch NPS-Vatsalya scheme on September 18

Finance Minister Nirmala Sitharaman is scheduled to unveil the National Pension System (NPS) Vatsalya Scheme on September 18, 2024. This new scheme is designed to enhance the pension benefits and provide greater financial security to retirees and pensioners. The NPS Vatsalya Scheme aims to address gaps in the existing pension system and offer improved financial planning options for individuals. The launch of the scheme reflects the government’s commitment to strengthening social security measures and supporting the financial well-being of its citizens.