Nirmala Sitharaman launches NPS Vatsalya scheme: Know eligibility, application process and more
September 18, 2024 18:48 ISTNPS Vatsalya Scheme Overview: Finance Minister Nirmala Sitharaman has introduced the NPS Vatsalya scheme, allowing parents to open pension accounts for their minor children. Aimed at securing long-term financial stability, the scheme converts to a regular NPS account when the child turns 18.