{"id":10923,"date":"2024-07-23T15:54:54","date_gmt":"2024-07-23T10:24:54","guid":{"rendered":"https:\/\/indiaepost.com\/?p=10923"},"modified":"2024-07-23T15:54:56","modified_gmt":"2024-07-23T10:24:56","slug":"launch-of-nps-vatsalya-pm-modi-hailed-for-securing-financial-future-of-young-citizens","status":"publish","type":"post","link":"https:\/\/indiaepost.com\/index.php\/2024\/07\/23\/launch-of-nps-vatsalya-pm-modi-hailed-for-securing-financial-future-of-young-citizens\/","title":{"rendered":"Launch of NPS Vatsalya: PM Modi hailed for securing financial future of young citizens"},"content":{"rendered":"\n<p>&nbsp;Finance Minister Nirmala Sitharaman on Tuesday announced that a New Pension Scheme (NPS) &#8216;Vatsalya&#8217;, a plan for contribution by parents and guardians for minors, will soon be launched by the government.<\/p>\n\n\n\n<p>The plan can be seamlessly converted into a normal NPS account on minors becoming an adult, the Finance Minister stated during her budget speech.<\/p>\n\n\n\n<p>&#8220;The launch of NPS-Vatsalya, allowing parents and guardians to contribute towards minors&#8217; future, is a transformative step. This plan seamlessly converts into a regular NPS account once the minor becomes an adult. Thank you, PM Modi, for your visionary approach in securing the financial future of our young citizens, paving the way for a Viksit Bharat,&#8221; said Arunachal Pradesh Chief Minister Pema Khandu.<\/p>\n\n\n\n<p>The Finance Minister also announced that the committee to review the NPS has made considerable progress in its work.<\/p>\n\n\n\n<p>She expressed satisfaction that the staff side of the National Council of the Joint Consultative Machinery for Central government employees have taken a constructive approach.<\/p>\n\n\n\n<p>\u201cA solution will be evolved which addresses the relevant issues while maintaining fiscal prudence to protect the common citizens,\u201d said FM Sitharaman.   AGENCIES<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;Finance Minister Nirmala Sitharaman on Tuesday announced that a New Pension Scheme (NPS) &#8216;Vatsalya&#8217;, a plan for contribution by parents and guardians for minors, will soon be launched by the government. The plan can be seamlessly converted into a normal NPS account on minors becoming an adult, the Finance Minister stated during her budget speech. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[87],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Launch of NPS Vatsalya: PM Modi hailed for securing financial future of young citizens - indiaepost<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/indiaepost.com\/index.php\/2024\/07\/23\/launch-of-nps-vatsalya-pm-modi-hailed-for-securing-financial-future-of-young-citizens\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Launch of NPS Vatsalya: PM Modi hailed for securing financial future of young citizens - indiaepost\" \/>\n<meta property=\"og:description\" content=\"&nbsp;Finance Minister Nirmala Sitharaman on Tuesday announced that a New Pension Scheme (NPS) &#8216;Vatsalya&#8217;, a plan for contribution by parents and guardians for minors, will soon be launched by the government. The plan can be seamlessly converted into a normal NPS account on minors becoming an adult, the Finance Minister stated during her budget speech. 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