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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.


3 comments:

AK Singh said...

A very welcome step. It is poorly publicised though. I wish Govt would put out some full page ads to increase awareness.

sandeep said...

I think the amount is incorrectly typed as 40,000 instead of 4000 in the main text while the heading reads it correctly

Jeyaprakash Gopalswamy said...

THANK YOU .IT WILL BE GRANTED TO ALL RESERVISTS ,WHO ARE NOT RECEIVING WITH OUT KNOWLEDGE ON THIS ,WITH THE RECORDS AVAILABLE WITH GOVT. IN TAMILNADU W W 11 VETERANS LIVING IN ARE GIVEN THE GRANT OF RS,6000/- PM WHEREAS THE RESERVISTS WHO FOUGHT 1962,1965&1971 WARS ARE GETTING ONLY RS.1500/PM