Ministry of Culture administers ‘Financial Assistance to Veteran Artists’ scheme: The Ministry of Culture administers the ‘Financial Assistance for Veteran Artists’ Scheme (formerly known as the ‘Scheme for Pension and Medical Aid to Artistes’) to provide financial assistance to veteran artists of the country aged 60 and up in the form of a monthly artists’ pension.
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More About the ‘Financial Assistance to Veteran Artists’ scheme:
It has been the endeavor of the Government to make continuous efforts to ensure that pension to the beneficiaries is disbursed in a timely manner. However, the disbursement of financial assistance to the recommended artists is subject to submission of requisite documents by the beneficiaries selected under the Scheme such as Digital Life Certificate, Income Certificates etc.
Ministry of Culture has entrusted the Life Insurance Corporation (LIC) vide an MoU in 2009 for disbursing the monthly artists pension to selected beneficiaries prior to the year 2017. The performance of LIC is reviewed from time to time and advisories are issued to them for timely disbursal of artists beneficiaries upon receipt of requisite documents from them and to submit a quarterly report in this regard. To cut down the delay in disbursal of pension to the old artists, release of artists pension to the selected beneficiaries is made by the Ministry itself upon receipt of requisite documents from them from the year 2017-18.
