Veteran artists availing of financial assistance being given to them under a special Central government scheme, would now get a monthly disbursal instead of a lump sum amount.
The Culture Ministry on Wednesday signed a memorandum of understanding (MoU) with the Canara Bank to facilitate this.
Under the special scheme named “Financial Assistance for Veteran Artists”, a monthly pension of ₹6,000 is provided to artists and scholars above the age of 60 years who have contributed significantly in their specialised fields of performing arts and culture, but are facing financial difficulties due to old age.
