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People between the age of 17.5 years and 21 years will be inducted into the armed forces - Army, the Navy and the Air Force - as Agniveers for 4 years. More than 46,000 Agniveers will be recruited this year.
They will be paid a monthly salary of Rs 30,000 to Rs 40,000. The Agniveers will also get a non-contributory insurance cover of Rs 48 lakh during the period.
The Educational qualification for Agniveers will be the same as the criteria for regular positions in the force. As per the prescribed criteria, the armed forces will try to give a class 12 certificate to a class 10 student who joins as an Agniveer.
On competition of the four-year tenure, about 25 per cent of the Agniveers will be enrolled in the armed forces as regular cadres for a minimum period of 15 years. The remaining will get assistance from the armed forces for further employment avenues.
The Agniveers will be given Rs 11.71 lakh as Seva Nidhi Package on their exit, which will be exempt from Income Tax. However, there will be no pensionary benefits.
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