Param Vir Chakra refers to the highest award that can be awarded to any military personnel. It is given due to great performance during the time of war. It is also known as the “wheel of the ultimate bravery” and is awarded to the military men with utmost bravery during the time of war.
To date, Param Vir Chakra has been awarded only 21 times. Out of the 21 medals, 20 medals were awarded to the Indian army and 1 medal was provided to the air force. The 1st person who received Param Vir Chakra for his act of valor is Major Somnath Sharma on 3rd November 1947.
Param Vir Chakra can also be translated as “wheel of ultimate bravery”.
The Param Vir Chakra also has a cash allowance attached to it. After the death of the person who has received the award, a pension is given to his wife until her death or remarriage. If the person who is awarded is unmarried, then the pension should be given to his parents. They are paid a stipend of 20k along with their regular pay. They become free from income tax on the amount that is awarded to them and the pension.
Allowances given by different state governments are:
There have been 21 awardees of the award that has been given the award for their act of valor. Some of the members are as follows:
Param Vir Chakra is referred to as the highest military award for any military personnel. It comes under the Gallantry award of India. The person receiving the Param Vir Chakra also gets many allowances and awards for his act of valor or bravery. They are given a stipend of 20k monthly along with the regular salary that they get. They are not even liable to pay any kind of tax on the amount that has been awarded to them. This award is only for military men and not for normal people, receiving this award is an achievement in itself.