August 12, 2025 12:54 PM
Children’s pension plan NPS-Vatsalya draws over 1.3 lakh enrollees
Over 1.3 lakh minors have been enrolled under the National Pension System (NPS) Vatsalya Scheme since its launch in September last year, the Union government informed Parliament on Monday. In a written reply to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said that enrollments were recorded till August 3. Designed for children, NPS-Vatsalya allows parents or guardians to contribute a minimum of ₹1,000 annually, with no upper limit, to build a retirement corpus for the minor....