Tuesday 1 May 2012

Central Government Releases fund for Meghalaya to Award Post Matric Scholarship

New Delhi: Keeping in view the centrally sponsored scheme of Post-Matric Scholarships to students belonging to Scheduled Castes, the ministry for Social Justice & Empowerment has released an amount of Rs.14,30,000/-(Rupees-Fourteen lakh thirty thousand only) to the State Government of Meghalaya, towards central assistance for the current financial year 2011-2012.

The Post Matric Scholarship Scheme is a single largest intervention by Government of India for educational development of scheduled caste students. It is a flagship Scheme of the Ministry, in operation since 1944, which provides financial assistance to Scheduled Caste students studying at post matriculation level in the country.

The financial assistance which includes maintenance allowance, reimbursement of non-refundable compulsory fee, book bank facility and other allowances, has no upper limit on the number of scholarships and all the SC students fulfilling the eligibility criteria are covered under the Scheme. About 48 lakh students are anticipated to be covered during 2011-12.

During the Tenth Five Year Plan, an amount of Rs. 1826.91 Crore was released to cover 113.82 lakh beneficiaries. It has increased sharply in Eleventh Five Year Plan and Rs.6780.52 crore has been released so far to cover 196.16 lakh beneficiaries.

The Scheme has been revised by the Government on 31-12-2010 w.e.f. 1.7.2010 and the revision includes increase in
- Parental income ceiling from Rs. 1.00 lakh p.a. to Rs. 2.00 lakh p.a.;

Rates of maintenance and other allowances have been increased by 60% with respect to pre-revised rates. Presently, 23 State Governments have already implemented revised Scheme, while others are under process to implement the same.

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