TIPPER TRUCK SCHEME
1. The Tipper Truck Scheme is operated by Director General Resettlement for the
welfare of disabled Ex-Servicemen/Widows and their dependents. A brief on the
same is placed in the succeeding paragraphs:
Eligibility
2. The eligibility and priority criteria for applying for the scheme is as
follows:
(i) Widows/children of personnel died in harness and in receipt of Ordinary
Family Pension.
(ii) Widows/children in receipt of Special Family Pension/ Liberalised Pension
to a maximum limit of Rs. 12,000/- total monthly emoluments. This maximum limit
may be reviewed on implementation of subsequent Pay Commission.
(iii) Disabled and medically boarded out service personnel. The disability may
be or may not be attributable to military service.
(iv) Defence Pensioners and their widows living in conditions of penury. Total
monthly income is to be below Rs. 4000/-.
(v) Widows of defence personnel, who bring up mentally handicapped children.
Operation of the Scheme
3. The scheme envisages the collection of money from the allottees and handing
over the same to an Ex-Servicemen coal Transport Company for hiring/leasing
trucks. The contract for transportation of coal/minerals is again allotted by
Director General Resettlement only. Salient features of the scheme are as
follows:
(i) Widows/Disabled ex-servicemen released from service with disability pension
deposit Rs. 85,000/- with ex-servicemen coal Transport Company nominated by DGR
for purchase of a tipper truck in their name.
(ii) The Coal company pays a sum of Rs. 3000/- per month for five
years against the sum of Rs. 85,000/- loaned to it.
(iii) The capital of Rs. 85,000/- is re-imbursed to the Widows/Disabled
ex-servicemen after 5 years or renewed for another five years only one renewal
is permitted.
4. The details of the scheme have been discussed with Director (self-employment)
in DGR. It has since been confirmed that the scheme is extremely safe and so far
there has not been even a single defaulter in terms of payment of interest. The
interest amount received is close to 40% annually. The confidence of DGR in
success of the scheme is because the Coal Transport Companies to which these
Tipper Trucks are under the hard control of DGR itself.
5. The interest cheques are received by DGR and thereafter handed over to the
beneficiary by DGR only. The scheme is completely monitored by DGR. The
popularity of the scheme can be assessed from the fact that Air Force
authorities operating their Benevolent Fund are also understood to be working
out with DGR the feasibility of investing in this scheme.