Defence Minister Rajnath Singh has appealed people to generously contribute to the Armed Forces Flag Day Fund, which is used in rehabilitation and welfare of dependents of brave soldiers who were killed in action or disabled. He said, the Flag Day gives the countrymen an opportunity to fulfil this obligation. Out of the income earned on the Armed Forces Flag Day Fund corpus, 7.5 per cent is ploughed back into the corpus and balance is used to fund the welfare and rehabilitation schemes for Ex-Servicemen and dependents.
In the last financial year, more than 133 crore rupees were spent on more than 38,000 beneficiaries under this fund. A sum of 33.35 crore was collected during the last financial year. The Fund is administered by Kendriya Sainik Board Secretariat under the aegis of its Management Committee, headed by the Defence Minister and Executive Committee headed by Secretary, Ex-Servicemen Welfare. Armed Forces Flag Day is observed on 7th December every year throughout the country to honour the fallen heroes and men in uniform who bravely fought for our motherland.