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Assistance to 'Agniveers', government summons bankers

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New Delhi, June 16

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In an attempt to contain the adverse fallout from the “Agnipath” scheme, the government on Thursday summoned representatives of public sector financial sector behemoths to explore employment prospects after they quit active service.

After an official of the Department of Military Affairs, which spearheaded the now-controversial proposal, had made a presentation on the scheme’s salient aspects, it was decided that public sector banks, insurance companies and financial institutions would explore employment opportunities for “Agniveers” in suitable capacities based on their educational qualifications and skills through suitable relaxations.

“The purpose was to identify ways in which the banks and financial institutions could support the ‘Agniveers’ on completion of their tenure of duty,” stated an official release. It was decided that banks would explore possibilities of supporting ‘Agniveers’ through suitable credit facilities for skill upgradation, education for setting up businesses and self-employment. The existing schemes such as MUDRA and Stand Up India would be leveraged for extending such support to the ‘Agniveers’.

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