On June 12, 2023, in New Delhi, a Memorandum of Understanding (MoU) was signed between the Directorate General Resettlement (DGR), a division of the Department of Ex-Servicemen Welfare, and M/s Kotak Mahindra Life Insurance Company Limited.
In order to create employment prospects for the renowned Ex-Servicemen of the Defence Services, the MoU between DGR and Corporates aims to unite corporate businesses with Ex-Servicemen.
Director General for Resettlement Maj Gen Sharad Kapur stated, “This partnership would increase the visibility of our Ex-Servicemen to the industry and corporates and help in achieving the objectives of providing skilled manpower and giving our Ex-Servicemen a respectable second career.”
