These applications will be considered in a centralised manner based on objective criteria including performance during their four- year engagement period and up to 25% of each specific batch of Agniveers will be enrolled in regular cadre of the Armed Forces. Upon the completion of four years of service, based on organisational requirement and policies promulgated by the Armed Forces from time-to-time.Īgniveers will be offered an opportunity to apply for permanent enrolment in the Armed Forces. They would form a distinct rank in the Armed Forces, different from any other existing ranks. Under the AGNIPATH scheme, the Agniveers will be enrolled in the Forces under respective Service Acts for a period of four years. Agniveers will be provided non-contributory Life Insurance Cover of Rs 48 lakhs for the duration of their engagement period in the Indian Armed Forces. There shall be no entitlement to gratuity and pensionary benefits. The 'Seva Nidhi' will be exempt from Income Tax.
On completion of the engagement period of four years, Agniveers will be paid one time 'Seva Nidhi' package which shall comprise their contribution including accrued interest thereon and matching contribution from the Government equal to the accumulated amount of their contribution including interest as indicated below:Īgnipath Scheme 2022: Income Tax benefits This includes inculcation of patriotism, team work, enhancement of physical fitness, ingrained loyalty for the country and availability of trained personnel to boost national security in times of external threats, internal threats and natural disasters.Īgniveers will be given an attractive customised monthly package along with Risk and Hardship allowances as applicable in the three services.
The dividends of a short military service to the nation, society and the youth of the nation are immense. The national stands to immensely benefit by infusion of highly inspired youth with deeper understanding of self-discipline, diligence and focus who would be adequately skilled and will be able to contribute in other sectors.
It is envisaged that average age profile of Indian Armed forces would come down by about 4-5 years by implementation of this scheme.
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