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NPS Vatsalya for children: Finance Minister Nirmala Sitharaman set to launch the scheme shortly; Know the...
Update / Judgement Date
18 Sept 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
The Finance Minister, Nirmala Sitharaman, is set to launch the NPS Vatsalya scheme, aimed at providing financial security for children. This scheme is part of the National Pension System (NPS) and is designed to offer a structured savings plan to support the financial future of children. The article outlines the features, benefits, and eligibility criteria of the scheme, which aims to encourage long-term savings and financial planning for children’s education and welfare. The launch of this scheme reflects the government's focus on expanding financial inclusion and providing support for future generations.