Nirmala Sitharaman To Launch NPS Vatsalya Scheme Today
Union Finance Minister Nirmala Sitharaman will launch the NPS Vatsalya scheme on September 18, 2024, in New Delhi. Schoolchildren will also join the launch.
Click Here To Join Us On WhatsApp
The Union Finance Minister will also launch an online platform to subscribe to NPS Vatsalya, release scheme brochures, and distribute Permanent Retirement Account Number (PRAN) cards to new minor subscribers.
As part of the launch in New Delhi, NPS Vatsalya events will be organized simultaneously at nearly 75 locations nationwide. Other locations will join the launch through video conference and will also distribute PRAN membership to new minor subscribers in that location.
Click Here To Join Us On WhatsApp
NPS Vatsalya will allow parents to save for their children’s future by investing in a pension account and ensuring long-term wealth with the power of compounding. NPS Vatsalya offers flexible contributions and investment options, allowing parents to make investments of Rs. 1,000 annually in the name of the child, thus making it accessible to families from all economic backgrounds.
This new initiative is designed to start early in securing the financial future of children, marking an important step in India’s pension system. The Scheme will be run under the Pension Fund Regulatory and Development Authority (PFRDA).
Click Here To Join Us On WhatsApp
The launch of NPS Vatsalya highlights the Government of India’s commitment to promote long-term financial planning and security for all. It’s a big step toward making India’s future generations more financially secure and independent.
Next Story:
-
Tragedy At Hyderabad Airport: 2 Passengers Died
![Tragedy At Hyderabad Airport: 2 Passengers Died]()
Hyderabad, Sept 19 (Maxim News): A tragic incident took place at the Rajiv Gandhi International Airport in Shamshabad. Two passengers fell ill and lost their lives.
-
BIG BREAKING NEWS!! Beef Fat, Pig Fat, Fish Oil Used In Making Tirupati Temple Laddus
![BIG BREAKING NEWS!! Beef Fat, Pig Fat, Fish Oil Used In Making Tirupati Temple Laddus]()
The laddoos offered to devotees as prasad at Tirupati temple in Andhra Pradesh contain Beef Fat, Pig Fat, and Fish Oil, a lab report has confirmed.
-
Dasara Holidays For Schools In Telangana From Oct.2 To 14
![Dasara Holidays For Schools In Telangana From Oct.2 To 14]()
Hyderabad, Sept 19 (Maxim News): The Telangana government headed by Chief Minister Revanth Reddy announced Dasara holidays from October 2 to 14. After 13 days i.e. on October 15 the schools will reopen. Bathukamma festivals will start on October 2. The Dussehra festival will be celebrated on October 12.
-
‘Lawrence Bishnoi Ko Bheju Kya’: Threat To Salman Khan’s Father
![‘Lawrence Bishnoi Ko Bheju Kya’: Threat To Salman Khan’s Father]()
Mumbai/Hyderabad, Sept 19 (Maxim News): Famed Bollywood writer Salim Khan has received fresh death threats from an unknown woman who warned him of sending a dreaded gangster to eliminate him, a police official said here on Thursday.
-
Infant’s Body Exhumed in Sangareddy Amid Dengue Death Controversy, Forensic Investigation Underway
![Infant’s Body Exhumed in Sangareddy Amid Dengue Death Controversy, Forensic Investigation Underway]()
Sangareddy/Hyderabad, Sept 19 (Maxim News): Doctors of the Sangareddy Government Hospital on Thursday conducted a postmortem on the body of 45-day-old baby boy Dashwik at Konyala in Hathnoora mandal. The baby had died, reportedly due to dengue on September 8, and was buried on September 9 by family members without conducting a postmortem.
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter and Instagram. For all the latest Hyderabad News update
