Bharat Express

National Pension System

The Union Finance Ministry officially notified the operationalisation of UPS under the National Pension System (NPS) for central government employees.

The Union Finance Ministry has notified the operationalization of the Unified Pension Scheme (UPS) under the National Pension System (NPS) for Central government employees.

India's economy continues to experience rapid job creation, with a remarkable 4.67 crore additional jobs generated in the financial year ending March 2024.

India’s formal job creation maintained steady growth in the first half of FY25, despite a slowdown in September

Indian government has introduced a new pension scheme, the UPS designed to address the shortcomings of the previous NPS.