Register for NPS online with Protean eNPS. Start your retirement planning with ease and enjoy tax benefits every year. 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. Digital India Corporation (DIC) Ministry of Electronics & IT (MeitY) Government of India® What is the NPS Vatsalya Scheme : Learn about its Aim, Benefits of the Scheme , eligibility, and step-by-step guide on how to apply online.