In the Department of Defence in India, the central cabinet has approved a proposal to offer 4-years jobs known as ‘Agnipath’!
Out of this, 25% of the Agniveerargal will be recruited and posted in the Indian Army.
For this purpose, a Merit-Based Recruitment Process will be conducted.
|Year||Monthly salary||Salary on hand (70%)||Agni Veerar PF||Govt contribution to Agniveerar PF|
The amount accrued on the provident Fund above after 4 years: Rs. 5.02 Lakhs
The amount contributed to the Seva fund including interest: Rs. 11.71 Lakhs
This accrued fund will be exempted from Income Tax. No pension and other benefits will be given in this scheme.
Skill Certificate will be given.
Credits will be given for pursuing higher studies.
Relief Fund for those who died
Agni Veerargal will be given a non-contributory Insurance coverage of Rs. 48 Lakhs.
For the candidates who die in this service, the concerned families will be given an additional Rs. 44 Lakhs.
On the 4-years’ service Fund, the unpaid amount by the soldiers due to death will be given.
In case of any physical damage during the 4-year service, Rs. 44 Lakhs will be given.
Under the Agnipath Scheme, the Agni veerargal will be appointed for 4 years! 46000 persons will be recruited this year. The age line for this recruitment is that the candidates MUST be in the age group 17.5-21. The selected candidates must be medically fit/skilled.