<h1>New Indian Pension Scheme for Minors Encourages Savings and Financial Security with Flexible Investment Options.</h1> The National Pension System Vatsalya (NPS Vatsalya) is a new pension scheme launched by the Indian government to promote financial security and savings habits among minors. Managed by the Pension Fund Regulatory Authority of India, it allows parents to invest a minimum of Rs. 1,000 monthly for their children, with no upper limit. The account is managed by a guardian until the child turns 18, after which it transitions to the child's name. The scheme offers flexible investment options and aims to ensure long-term wealth accumulation through compounding, aligning with the government's commitment to financial well-being across generations.