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NPS corpus touches Rs 14.4 lakh crore with 8.4 cr subscribers in FY 25: PFRDA chairman

NPS corpus touches Rs 14.4 lakh crore with 8.4 cr subscribers in FY 25: PFRDA chairman

by AIP Online Bureau | Apr 5, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

L TO R- Deepak Mohanty, chairman,PFRDA , Nagaraju Maddirala, Secretary, Department of Financial Services, Pankaj Chaudhary,Minister of State for Finance at ‘International Research Conference on Pension 2025’ organised by PFRDA and IIM, Ahemedabad in New...
Finmin notifies assured pension scheme for govt employees, to be effective from April 1

Finmin notifies assured pension scheme for govt employees, to be effective from April 1

by AIP Online Bureau | Jan 26, 2025 | Indian News, Pension & Social Security, Policy

The notification will give the option to 23 lakh government employees to choose between UPS and NPS, which came into effect on January 1, 2004.The notification added that the rate of full assured payout will be 50% of 12 monthly average basic pay, immediately prior to...

NBSL launches NPS contributions via payments app

by AIP Online Bureau | Nov 13, 2024 | Briefs, Pension & Social Security, Technology

NPCI BHIM Services (NBSL), a wholly owned subsidiary of National Payments Corporation of India (NPCI), on Wednesday launched National Pension System (NPS) contributions through the payments app. BHIM users can now contribute to their existing NPS accounts with ease,...
In 10 yrs National Pension Scheme has 1.86 cr subscribers with an AUM of Rs 13 trillion: Sitharaman

In 10 yrs National Pension Scheme has 1.86 cr subscribers with an AUM of Rs 13 trillion: Sitharaman

by AIP Online Bureau | Sep 19, 2024 | Eco/Invest/Demography, Pension & Social Security

Nirmala Sitharaman,Finance Minister NPS has generated 14 per cent, 9.1 per cent, and 8.8 per cent returns for investments in equity, corporate debt and G-Secs, respectively, Finance Minister Nirmala Sitharaman said New Delhi: Finance Minister Nirmala Sitharaman on...
Sitharaman to launch NPS Vatsalya Scheme tom

Sitharaman to launch NPS Vatsalya Scheme tom

by AIP Online Bureau | Sep 17, 2024 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs NPS Vatsalya will allow parents to save for their children’s future by investing in a pension account and ensure long-term wealth with the power of compounding. NPS Vatsalya offers flexible...
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