NPS Vatsalya is a contributory pension system under the National Pension System ( NPS ). Its objective is to create a pensioned society and encourage the empowerment of children by inculcating the habit of saving for retirement from an early age. Explore NPS Vatsalya, a compassionate pension initiative by PFRDA for dependent children of deceased government subscribers under the National Pension System (NPS). Learn about eligibility, benefits, and enrollment process. Digital India Corporation (DIC) Ministry of Electronics & IT (MeitY) Government of India® NPS Vatsalya is a new pension scheme for minors, launched by Union Finance Minister Nirmala Sitharaman, allowing parents to contribute to their children's financial future. It promotes early savings and offers flexible investment options until the child turns 18.

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