Who launched (18th Sep 2024) the NPS Vatsalya Yojana?

Rajnath Singh

Nirmala Sitharaman

Narendra Modi

S. Jaishankar

Correct Answer : Nirmala Sitharaman

Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman launched the National Pension System Vatsalya (NPS Vatsalya) scheme, ‘a pension scheme for minors’ at New Delhi on 18th Sep 2024.

The NPS Vatsalya was announced by the Union Finance Minister in the Union Budget 2024-25 on 23rd July, 2024.

Union Minister of State for Finance Shri Pankaj Chaudhary; Shri Nagaraju Maddirala, Secretary, Department of Financial Services (DFS); and Shri Deepak Mohanty, Chairman Pension Fund Regulatory Authority of India (PFRDA) were also present besides senior officials from DFS and PFRDA along with school children, their parents and other esteemed guests.

The launch of NPS Vatsalya was simultaneously organised at 75 locations throughout the country, with distribution of over 250 PRAN to minor subscribers. At all the locations, school-going children enthusiastically attended the event.

During the event, Union Finance Minister also launched an online platform for subscribing to NPS Vatsalya, released the scheme brochure..

Source : PIB

Published On : September 19, 2024

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