{"id":135786,"date":"2024-09-16T15:30:20","date_gmt":"2024-09-16T15:30:20","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/09\/16\/finance-minister-to-launch-nps-vatsalya-scheme-on-wednesday\/"},"modified":"2024-09-16T15:30:20","modified_gmt":"2024-09-16T15:30:20","slug":"finance-minister-to-launch-nps-vatsalya-scheme-on-wednesday","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/09\/16\/finance-minister-to-launch-nps-vatsalya-scheme-on-wednesday\/","title":{"rendered":"Finance Minister to launch NPS Vatsalya Scheme on Wednesday"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"450\" src=\"https:\/\/i0.wp.com\/img.etimg.com\/photo\/msid-113399974,imgsize-21448.cms?fit=600,450&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Finance Minister to launch NPS Vatsalya Scheme on Wednesday\" title=\"Finance Minister to launch NPS Vatsalya Scheme on Wednesday\" \/><\/div>\n<div data-brcount=\"16\">Finance Minister <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/news\/nirmala-sitharaman\" rel=\"noopener\">Nirmala Sitharaman<\/a> will launch the <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/nps-vatsalya\" target=\"_blank\" rel=\"noopener\">NPS Vatsalya<\/a> scheme on Wednesday in line with the announcement made in the Union Budget 2024-25. The finance minister will also launch an online platform for subscribing to NPS Vatsalya, release a scheme brochure, and distribute Permanent Retirement Account Number (PRAN) cards to minor subscribers. <\/p>\n<p><style><![CDATA[\n    \t    #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;}\n    \t    .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px}\n    \t    #sr_widget.onDemand .sr_desc{margin:0 auto 0;}\n    \t    #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;}\n    \t    #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important}\n    \t    #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%}\n    \t    #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}\n    \t]]><\/style>\n<p><!--\/article_liveblog.cms?msid=105115637&pos=toppotime:1-->As part of the launch here, NPS Vatsalya events will be organised simultaneously at nearly 75 locations throughout the country, the finance ministry said in a statement on Monday. <\/p>\n<p>Other locations will join the launch through a video conference and also distribute PRAN membership to new minor subscribers in that location. <\/p>\n<p>NPS Vatsalya will allow parents to save for their children&#8217;s future by investing in a <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/pension-account\" target=\"_blank\" rel=\"noopener\">pension account<\/a> and ensuring <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/long-term-wealth\" target=\"_blank\" rel=\"noopener\">long-term wealth<\/a> with the power of compounding. <\/p>\n<p>The scheme offers flexible contributions and investment options, allowing parents to make a minimum investment of Rs 1,000 annually in the name of the child, thus making it accessible to families from all economic backgrounds. <\/p>\n<p><!--\/include_growfast.cms?pagename=article&skipcss=1potime:2--><br \/>This new initiative is designed to start early in securing the <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/financial-future\" target=\"_blank\" rel=\"noopener\">financial future<\/a> of children, marking an important step in India&#8217;s pension system. The scheme will be run under the Pension Fund Regulatory and Development Authority (<a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/pfrda\" target=\"_blank\" rel=\"noopener\">PFRDA<\/a>). The launch of NPS Vatsalya highlights the government&#8217;s commitment to promote long-term financial planning and security for all, the statement said. <\/p>\n<p>It is a big step toward making India&#8217;s future generations more financially secure and independent, it added.<\/p>\n<style><![CDATA[\n    \t    #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;}\n    \t    .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px}\n    \t    #sr_widget.onDemand .sr_desc{margin:0 auto 0;}\n    \t    #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;}\n    \t    #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important}\n    \t    #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%}\n    \t    #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}\n    \t]]><\/style>\n<p><!--\/article_liveblog.cms?msid=105115637&pos=botpotime:1--><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/economictimes.indiatimes.com\/news\/india\/finance-minister-to-launch-nps-vatsalya-scheme-on-wednesday\/articleshow\/113399974.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance Minister Nirmala Sitharaman will launch the NPS Vatsalya scheme on Wednesday in line with the announcement made in the Union Budget 2024-25. The finance minister will also launch an online platform for subscribing to NPS Vatsalya, release a scheme brochure, and distribute Permanent Retirement Account Number (PRAN) cards to minor subscribers. As part of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":135787,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/msid-113399974,imgsize-21448.cms","fifu_image_alt":"","footnotes":""},"categories":[602],"tags":[1934,108770,254,108773,2124,84153,4250,15548,84042,108772,108771,15546,108774,35446,8940,84045,7780],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/135786"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=135786"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/135786\/revisions"}],"predecessor-version":[{"id":135788,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/135786\/revisions\/135788"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/135787"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=135786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=135786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=135786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}