Various schemes are launched by the Government of India for the citizens. By investing in these schemes, many benefits can be availed along with better interest rates. NPS Vatsalya Scheme will be launched by Finance Minister Nirmala Sitharaman. This information has been given in the press release of the Ministry.
What will be the specialty of this scheme?
This is a kind of pension scheme in which parents can invest for their children. After investing for a long time, a better future can be created for the children. This scheme was announced in the Union Budget 2024-25 which will be launched today for the bright future of the children.
How much can you invest?
Through this scheme, parents can deposit a minimum of Rs 1000 annually for their children. With its help, parents get an opportunity to invest for their child early. Parents can easily open an account here for children below 18 years of age and deposit money.