NEW DELHI (DIVYA SAINI): The Cabinet Committee on Economic Affairs (CCEA) has approved some changes in the Post-Matric Scholarship Scheme that is focused at profiting Scheduled cast (SC) students. The committee was chaired by Prime Minister Narendra Modi. According to Reports, Cabinet has approved Rs 59,000 crore scholarship. The Post-Matric Scholarship Scheme will profit an aggregate of 4 Crore students who belong to Scheduled Caste Category in the following 5 years.
Soon after the announcement of the decision, Prime Minister Narendra Modi took to twitter and said “Today's Cabinet decision on post-matric scholarship will ensure greater educational access to youngsters belonging to SC communities. Ensuring top quality and affordable education to our youth is an important focus area for our government.”
According to the information shared by CCEA, an amount of Rs 59,000 crore has been reserved for the Post-Matric Scholarship Scheme. Passing by the 60:40 Split in percentage share the amount will be contributed by the States and Central Government, an amount of Rs 35,534, would be spent by Union Government though the rest would be contributed by states.
While addressing media after the Cabinet Meeting, Union Minister of Social Justice and Empowerment, Thawarchand Gehlot said that the new changes to the scheme will “replace the existing 'committed liability' system and brings greater involvement of the Central government in this crucial scheme. The focus of the scheme would be on enrolling the poorest students, timely payments, comprehensive accountability, continuous monitoring and total transparency.”
The statement further added that under the Post-Matric Scholarship Scheme, SC students will have the option to seek any course from Class 11 onwards with the expense of education being borne by the public authority. "The Central help which was around Rs 1,100 crore every year during 2017-18 to 2019-20 would be expanded in excess of multiple times to associate with Rs 6,000 center every year during 2020-21 to 2025-26."
Moreover, the Cabinet also affirmed further reinforcing of monitoring mechanism through conduct of social reviews, yearly outsider assessment, and half-yearly self-evaluated reports from every institution.
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