News:Defence minister has approved enhancement of monetary assistance to Next of Kin(NoK) of all categories of Battle Casualty(BC) from Rs 2 lakh to Rs 8 lakh.The amount will be granted under ABCWF.
- The Army Battle Casualties Welfare Fund (ABCWF) has been set up under Department of Ex-Servicemen Welfare(ESW),Ministry of Defence
- The ABCWF was instituted in July 2017 and was implemented retrospectively with effect from April 2016.
- The fund was created under the Charitable Endowments Act,1890.
- It was created after a large number of people offered to provide monetary assistance to the families of battle casualties following an incident in 2016 at Siachen where 10 soldiers lost their lives in an avalanche.