The Indian Army has recently announced the Agniveer Recruitment 2023, a dynamic initiative designed to bolster its ranks. This recruitment drive, characterized by rallies across various regions, aims to attract young men and women aged 17.5 to 23 years, passionate about serving in the armed forces. This article delves into the salary structure of the Agniveers, as outlined in the latest recruitment notification. Given the scheme’s four-year tenure, the salary for the Indian Army Agniveer salary package initiates at INR 30,000.
Indian Army Salary Structure After 7th Pay Commission
The Indian Army’s Agniveer Recruitment 2023 presents a unique opportunity for both men and women, offering a well-structured salary and benefits package. Here’s a detailed breakdown:
The Agniveer Salary Structure outlines the financial compensation for individuals enrolled in the Agniveer program over four years. This structure includes details on the monthly package, in-hand salary, individual’s contribution to the Agniveer Corpus Fund, and the government’s matching contribution to this fund. Below is a table summarizing this information:
Year of Service | Monthly Package (₹) | In-Hand Salary (70% of Monthly Package) (₹) | Individual’s Contribution to Agniveer Corpus Fund (30% of Monthly Package) (₹) | Government’s Contribution to Agniveer Corpus Fund (Matching Individual’s Contribution) (₹) |
---|---|---|---|---|
First Year | 30,000 | 21,000 | 9,000 | 9,000 |
Second Year | 33,000 | 23,100 | 9,900 | 9,900 |
Third Year | 36,500 | 25,580 | 10,950 | 10,950 |
Fourth Year | 40,000 | 28,000 | 12,000 | 12,000 |
This table provides an in-depth look at the financial aspects of the Agniveer scheme, including the monthly package, the in-hand salary (which is 70% of the monthly package), and the contributions to the Agniveer Corpus Fund by both the individual and the Government (each contributing 30% of the monthly package).
This comprehensive salary and benefits package makes the Agniveer role in the Indian Army an attractive proposition for aspiring candidates.
Agniveer Seva Nidhi is a package designed for individuals completing a 4-year service in the Indian Army, Indian Navy, and Air Force. The total cost of the package, approximately Rs 11.71 lakh, covers various aspects, including the accrued interest. Each month, both individuals and the Government contribute 30% of the monthly emoluments. The package offers two options for Agniveers, aiming to provide financial support for self-employment/entrepreneurship or to meet immediate/incidental expenses upon exit. The Government of India will provide detailed information separately.
The starting monthly salary for an Indian Army Agniveer in 2023 is INR 30,000. This is a fixed amount and does not include additional allowances like DA, HRA, or TA.
After passing the Indian Army Agniveer exam, candidates can be enlisted in roles such as General Duty (GD), Tradesman, or Clerk within the Indian Army.
No, Agniveers do not receive traditional retirement benefits like gratuity or pension. They are also ineligible for schemes and benefits provided by the Army Group Insurance Fund (AGIF).
The service duration for Agniveers under the Agneepath Yojana is four years.
The age limit for candidates aspiring to join as Agniveers in the Indian Army is between 17.5 and 23 years.
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