Support Agniveers after tenure completion: FinMin to PSBs, insurance firms

Post the announcement of the scheme protests have erupted across several states with the Opposition slamming the centre for hastily drawing up the plan

The centre has asked public sector banks (PSBs), public sector insurance companies and financial institutions to support Agniveers through employment and credit facilities on completion of their tenure of duty.

With the Union Cabinet approving the Agnipath scheme for armed forces recruitment on Tuesday, the Department of Financial Services (DFS) Secretary Sanjay Malhotra held a meeting with heads of PSBs, insurance companies and financial institutions for identifying ways to support Agniveers on completion of their tenure of duty.

The Agnipath scheme aims to recruit Indian youth for armed forces, and terms the prospective candidates as Agniveers. The employment in the