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Thursday, June 8, 2017

Penury Grant enhanced to Rs 4000 per month from the existing Rs 1000

In a progressive move, the Government has enhanced the rate of the monthly Penury Grant to Rs 4000 from the existing Rs 1000 which had remained constant since the year 2011.

The Penury Grant is payable to those ex-servicemen and widows who are living in a state of penury and are not in receipt of pension from any source. The recipient has to be over the age of 65 years to be eligible.

It may be recalled that earlier a one-time grant at the rate of Rs 30,000 was granted to needy veterans and their widows and the system was then changed in the year 2011 to a monthly payout of Rs 1000.

Most of the ex-servicemen affected by the grant are those who were released without any pension on reduction of establishment or for other reasons without completion of minimum pensionable service.

The payout of this scheme is through the Armed Forces Flag Day Fund.

The new letter issued by the Government today can be accessed by clicking here.

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