By means of ANI
NEW DELHI: The Indian Military has signed agreements with 11 banks together with the non-public sector banks like HDFC Financial institution, ICICI Financial institution, Axis Financial institution and Kotak Mahindra Financial institution for offering banking amenities to Agniveers on enrolment, the Ministry of Defence stated on Saturday.
The MoUs have been signed via Lt Gen V Sreehari, DG (MP & PS) and senior officers of Banks in a rite presided over via Lt Gen C Bansi Ponappa, the Adjutant Basic of the Indian Military on 14 October 2022, the ministry stated.
11 banks with which the Indian Military has signed the settlement come with State Financial institution of India, Punjab Nationwide Financial institution, Financial institution of Baroda, IDBI Financial institution, ICICI Financial institution, HDFC Financial institution, Axis Financial institution, Sure Financial institution, Kotak Mahindra Financial institution, IDFC First Financial institution and Bandhan Financial institution.
The options and advantages introduced beneath Agniveer Wage Package deal are very similar to the Defence Wage Package deal. As well as, the banks have introduced comfortable loans to exiting Agniveers to advertise and make stronger their entrepreneurial abilities.
The primary batch of Agniveers beneath the “Agnipath Scheme” can be becoming a member of Coaching Centres via January 2023, the Ministry of Defence stated in a observation.
ALSO READ | UDF and LDF must apologise for opposing Agniveer, says Javadekar
This can be a main defence coverage reform presented via the Executive to bring in a brand new technology within the human useful resource coverage of the Military, Air Power and Military. The coverage, which comes into quick impact, will hereafter govern the recruitment of group of workers under officer rank (PBOR) within the 3 products and services, in step with the Ministry of Defence.
The Agniveers will shape a definite rank within the 3 products and services, and also will put on a definite insignia as a part of their uniform.
AGNIPATH scheme permits patriotic and motivated formative years to serve within the Armed Forces for a duration of 4 years. Infantrymen who’re recruited beneath this scheme can be referred to as Agniveers. The AGNIPATH Scheme has been designed to permit a younger profile of the Armed Forces and supply a contemporary rent of ‘Josh’ and ‘Jazba’ while on the similar time bringing a couple of transformational shift in opposition to a extra tech-savvy Armed Forces – which is certainly the desire of the hour, the defence ministry highlighted.
ALSO READ | Ladies Agniveer in IAF from subsequent 12 months: IAF Leader Air Leader Marshal
It’s envisaged that the typical age profile of the Indian Militia would come down via about 4-5 years with the implementation of this scheme.
Agniveers will obtain Rs 33,000 in the second one 12 months, Rs 36,500 within the 3rd 12 months and Rs 40,000 within the fourth 12 months. They are going to get Rs 11.71 lakh as Seva Nidhi Package deal after 4 years.
The ‘Seva Nidhi’ can be exempt from Source of revenue Tax. There might be no entitlement to gratuity and pensionary advantages. Agniveers can be supplied non-contributory Existence Insurance coverage Quilt of Rs 48 lakh during their engagement duration within the Indian Armed Forces.
All over this era of carrier to the country, the Agniveers can be imparted quite a lot of army abilities and revel in, self-discipline, bodily health, management qualities, braveness and patriotism. The talents received via every Agniveer can be recognised in a certificates to shape a part of his distinctive resume.
NEW DELHI: The Indian Military has signed agreements with 11 banks together with the non-public sector banks like HDFC Financial institution, ICICI Financial institution, Axis Financial institution and Kotak Mahindra Financial institution for offering banking amenities to Agniveers on enrolment, the Ministry of Defence stated on Saturday.
The MoUs have been signed via Lt Gen V Sreehari, DG (MP & PS) and senior officers of Banks in a rite presided over via Lt Gen C Bansi Ponappa, the Adjutant Basic of the Indian Military on 14 October 2022, the ministry stated.
11 banks with which the Indian Military has signed the settlement come with State Financial institution of India, Punjab Nationwide Financial institution, Financial institution of Baroda, IDBI Financial institution, ICICI Financial institution, HDFC Financial institution, Axis Financial institution, Sure Financial institution, Kotak Mahindra Financial institution, IDFC First Financial institution and Bandhan Financial institution.
The options and advantages introduced beneath Agniveer Wage Package deal are very similar to the Defence Wage Package deal. As well as, the banks have introduced comfortable loans to exiting Agniveers to advertise and make stronger their entrepreneurial abilities.
The primary batch of Agniveers beneath the “Agnipath Scheme” can be becoming a member of Coaching Centres via January 2023, the Ministry of Defence stated in a observation.
ALSO READ | UDF and LDF must apologise for opposing Agniveer, says Javadekar
This can be a main defence coverage reform presented via the Executive to bring in a brand new technology within the human useful resource coverage of the Military, Air Power and Military. The coverage, which comes into quick impact, will hereafter govern the recruitment of group of workers under officer rank (PBOR) within the 3 products and services, in step with the Ministry of Defence.
The Agniveers will shape a definite rank within the 3 products and services, and also will put on a definite insignia as a part of their uniform.
AGNIPATH scheme permits patriotic and motivated formative years to serve within the Armed Forces for a duration of 4 years. Infantrymen who’re recruited beneath this scheme can be referred to as Agniveers. The AGNIPATH Scheme has been designed to permit a younger profile of the Armed Forces and supply a contemporary rent of ‘Josh’ and ‘Jazba’ while on the similar time bringing a couple of transformational shift in opposition to a extra tech-savvy Armed Forces – which is certainly the desire of the hour, the defence ministry highlighted.
ALSO READ | Ladies Agniveer in IAF from subsequent 12 months: IAF Leader Air Leader Marshal
It’s envisaged that the typical age profile of the Indian Militia would come down via about 4-5 years with the implementation of this scheme.
Agniveers will obtain Rs 33,000 in the second one 12 months, Rs 36,500 within the 3rd 12 months and Rs 40,000 within the fourth 12 months. They are going to get Rs 11.71 lakh as Seva Nidhi Package deal after 4 years.
The ‘Seva Nidhi’ can be exempt from Source of revenue Tax. There might be no entitlement to gratuity and pensionary advantages. Agniveers can be supplied non-contributory Existence Insurance coverage Quilt of Rs 48 lakh during their engagement duration within the Indian Armed Forces.
All over this era of carrier to the country, the Agniveers can be imparted quite a lot of army abilities and revel in, self-discipline, bodily health, management qualities, braveness and patriotism. The talents received via every Agniveer can be recognised in a certificates to shape a part of his distinctive resume.