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Nirmala Sitharaman Launches A New Pension Scheme for Minors
Nirmala Sitharaman launches National Pension System Vatsalya scheme for minors
In a significant development aimed at strengthening long-term financial security and fostering early savings habits, Union Minister for Finance and Corporate Affairs,
Nirmala Sitharaman Launches NPS Vatsalya: A Pioneering Pension Scheme for Minors
During her keynote address, Smt. Sitharaman emphasized that NPS Vatsalya aligns with Prime Minister Narendra Modi’s vision of a developed India by 2047.
What is NPS Vatsalya? All you need to know about new pension plan being launched by FM Nirmala Sitharaman today
NPS Vatsalya is the central government’s new pension plan for children, which Finance Minister Nirmala Sitharaman is launching today. We have all the details.
Finance Minister Nirmala Sitharaman introduces NPS Vatsalya scheme for children's future savings
Finance Minister Nirmala Sitharaman introduced the NPS Vatsalya scheme on Tuesday, enabling parents to invest in a pension account for their children’s future. This new initiative allows parents to start saving for their child's retirement at an early stage.
Finance Minister Nirmala Sitharaman Launches NPS Vatsalya Yojana for Minors
Union Finance Minister Nirmala Sitharaman unveiled NPS Vatsalya Yojana, allowing parents and guardians to make contributions for minors. The scheme, featuring flexible investment options, is accessible to families from various economic backgrounds and managed by the PFRDA.
Explained: What Is NPS Vatsalya Pension Scheme For Children
In a significant move to secure the financial future of young children in India, the government has launched the NPS Vatsalya pension scheme, which offers flexible contributions and investment options for parents or guardians.
NPS Vatsalya: FinMin’s pension scheme for minors
NPS Vatsalya is a pension scheme designed for minors. This initiative was rolled out across 75 locations nationwide with over 250 PRANs (permanent retirement account numbers) being allocated to young subscribers.
Under NPS Vatsalya What Happens To Pension Account When Minor Turns 18
Sitharaman also launched an online platform for subscribing to NPS Vatsalya and released the scheme brochure. NPS Vatsalya is an extension of the already existing NPS to children. In the last 10 years,
NPS Vatsalya: Pension plan that starts early for child's financial security
Scheme gives access to a variety of investment options but may not suit for people who desire liquidity in their investments
6h
Nirmala Sitharaman urges banks to leverage UPI for growth
Finance Minister Nirmala Sitharaman emphasised the potential of Indian banks leveraging UPI's digital footprints to expand ...
The Financial Express
10h
FM Nirmala Sitharaman asks banks to step up infra lending, support to MSMEs
She also urged them to bring unbanked population under the ambit of formal banking channels, and help increase insurance ...
13h
Banking sector will play major role in Viksit Bharat: Nirmala Sitharaman
Finance minister Nirmala Sitharaman on Thursday said the banking sector will play a key role in shaping India as a developed ...
8h
Pune: Finance Minister Nirmala Sitharaman Graces Celebration Of Bank Of Maharashtra’s 90th Foundation Day
Bank of Maharashtra (BoM) marked a significant milestone by celebrating its 90th Foundation Day recently, an event that ...
1d
on MSN
You cannot have a system which gets hacked: FM Nirmala Sitharaman to banking sector
Banks cannot have a system which gets hacked, Finance Minister Nirmala Sitharaman said to the banking sector, stressing the ...
21h
India’s UPI driving 45% of global digital payments: Nirmala Sitharaman
Addressing the audience, Sitharaman applauded the Bank of Maharashtra’s sustained contributions over the past 90 years, ...
2d
on MSN
Nirmala Sitharaman Responds To 'Middle Path' Criticisms On Unified Pension Scheme & Capital Gain Tax
In an exclusive interview with Anjana Om Kashyap, Managing Editor of Special Projects at Aaj Tak, Union Finance Minister ...
4h
Banks must use UPI to create more digital opportunities to empower millions: FM Sitharaman
As the unified payments interface (UPI) goes global, Finance Minister Nirmala Sitharaman has urged the banks to explore ...
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