Big push for SC students; Centre approves changes in Post Matric Scholarship for SCs
Post Matric Scholarship Scheme for SC: The Union Cabinet meeting led by Prime Minister Narendra Modi on Wednesday approved major and transformative changes in the Centrally Sponsored Scheme ‘Post Matric Scholarship to students belonging to Scheduled Castes (PMS-SC)’ to benefit more than 4 Crore SC students in the next 5 years so that they can successfully complete their higher education.
The Cabinet has approved a total investment of Rs. 59,048 Cr of which Central Government would spend Rs. 35,534 Cr (60 percent) and the balance would be spent by the State Govts. This replaces the existing 'committed liability' system and brings greater involvement of the Central Govt in this crucial scheme.
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The Post Matric Scholarship Scheme for SC students allows them to pursue any post-matric course starting from class 11th and onwards, with the Govt meeting the cost of education.
Following are the details Post Matric Scholarship Scheme for SC students:
The focus of the scheme would be on enrolling the poorest students, timely payments, comprehensive accountability, continuous monitoring, and total transparency.
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The Central Assistance which was earlier Rs 1100 crore annually during 2017-18 to 2019-20 would be increased by more than 5 times at around Rs 6000 core annually during 2020-21 to 2025-26.