NPS

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NPS

NPS stands for National Pension Scheme. It was launched by the Government of India to provide retirement income for all citizens. The National Pension Scheme is regulated by the Pension Fund Regulatory and Development Authority under the jurisdiction of the Ministry of Finance of the Indian Government. NPS is a social security initiative by the Government of India, and the scheme is open to all employees, including those in the public, private, and unorganized sectors.