Explained: What Is NPS Vatsalya Pension Scheme For Children

Announced in the Union Budget 2024-25, the National Pension System Vatsalya (NPS Vatsalya) scheme is designed exclusively for minors, marking a significant advancement in financial planning.

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.

Announced in the Union Budget 2024-25, the National Pension System Vatsalya (NPS Vatsalya) scheme is designed exclusively for minors, marking a significant advancement in financial planning.

The scheme not only will secure the future of its young citizens of the country, but also foster a culture of savings from an early age.