Monday, September 19, 2011

Tamil Nadu---> Big Hike in cash component for gallantry award winners

From THE HINDU. 18 Sep 2011, Page 9.

Big Hike in cash component for gallantry award winners.

The State ( Tamil Nadu ) Govt has increased manifold, the quantum of cash awards for recipients of gallantry awards, as follows :---

Award Present Amount New Amount.
( Rs ) ( Rs )

PVC 22,500 15 Lakhs.

MVC 15,000 10 Lakhs.

Vr C 7,000 7.5 Lakhs

Ashok Chakra 20,000 12 Lakhs.

Kirti Chakra 12,000 8 Lakhs.

Shaurya Chakra 5,000 5 Lakhs.

More Benefits for ESM working in T N Ex-Servicemen Corporation ( TEXCO )

The Tamil Nadu Govt has also announced the following benefits for the 8,500 ESM, employed by TEXCO :--
a ) Insurance cover upto Three Lakhs, under Personal Accident scheme.
b ) Rs 1.78 crore will be invested annually under the Group Superannuation Scheme.

nbs.

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