JUL-22 BOUDHIK YOJANA
3 rd July: Agnipath Yojana Defence Minister Rajnath Singh on 14 June announced the Tour of Duty or 'Agnipath' scheme for the recruitment of soldiers in the defence forces. In a statement released after the announcement, the Ministry of Defence has said that 46,000 'Agniveers' will be recruited this year. Recruitment rallies under the new scheme will commence in 90 days. What is the Scheme ? -Scheme is applicable to age between 17.5 years to 21 years -Candidates will be enrolled under respective Service Act for a duration of 4 years -They will be imparted rigorous military training in existing centers -1 st year package approx. 4.76 lacs INR -Upgraded to 6.92 lacs INR upto 4 th year. -Risk and Hardship, travel, ration, dress allowance as applicable -30% of monthly emoluments to be contributed by individuals -Equal amount will be matched by government - Corpus of 11.71 lacs after 4 years, exempted from Income Tax -25% of the recruits will be...