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NPS Vatsalya: FinMin’s pension scheme for minors

NPS Vatsalya is a pension scheme designed for minors. This initiative was rolled out across 75 locations nationwide with over 250 PRANs (permanent retirement account numbers) being allocated to young subscribers.

Industries across sectors lauds Union budget presented by Sitharaman

Vivek Lohia, Director, Jupiter Wagons & Chairman, National Council for Railways, ASSOCHAM, opined, "GatiShakti was the limelight of this year’s Union Budget, and rightly so, as it’s one of the integral pillars of growth for India. With strong government intervention along with private investments, the railway industry will largely benefit from this plan. We can expect the cargo handling capacity of railways to increase to 1600 MT by the year 2024-25, which will also accelerate the construction of two dedicated freight corridors.”