Starting early: Pension a/cs for children

Finance Minister Nirmala Sitharaman has unveiled NPS Vatsalya, a new pension scheme designed for minors to foster long-term financial security. The initiative was simultaneously launched at 75 locations across India, distributing over 250 PRANs to young subscribers. The scheme aims to instill saving habits early and leverage compounding for substantial future wealth.

Sep 19, 2024 - 05:30
Starting early: Pension a/cs for children

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Finance Minister Nirmala Sitharaman has unveiled NPS Vatsalya, a new pension scheme designed for minors to foster long-term financial security. The initiative was simultaneously launched at 75 locations across India, distributing over 250 PRANs to young subscribers. The scheme aims to instill saving habits early and leverage compounding for substantial future wealth.
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