PM Scholarship worth Rs. 75,000 Per Month: HRD

Sep 2017 Source: MOTACHASHMA

AAKASH ANTHE Scholarship upto 100% Register FREE
Free Olympiad SMS Alerts Register Now
100% Scholarship for Class 7 to 12 & Passed by AAKASH Apply Now
FREE SMS Alerts Register Now
FREE Trip to NASA Apply Now
10th, 12th Board Exams SMS Update Register Now
Online Scholarship Exam from Home Register FREE

PM Scholarship worth Rs. 75,000 Per Month will be announced soon said Human Resource Development (HRD) Minister Prakash Javadekar on September 7 this year. This scholarship will be given to the best 1,000 talented students across the country. According to the minister, the main objective of this scholarship is to stop the brain drain and encourage innovation in the country. There have been various announcements about the scholarship; the cabinet is yet to give the green signal for this scholarship of Rs. 75,000.

This is a much-awaited scholarship in the field of science and engineering, 1000 of researchers are waiting for the final announcement and hoping for the best. Recently Mr Javadekar said that the PM Scholarship is going to start and they already signed the cabinet note. The details about “How to Apply” will be released after the green signal is given by the cabinet for its approval.

PM Scholarship worth Rs. 75000 per Month

Who is to be Benefited - PM Scholarship 2017-18

As per the latest Updates, the talented & bright students from the following are proposed to come under this scheme:

  • Top Institutes such as Indian Institutes of Technology (IITs)
  • Universities in which the required infrastructure is provided under the Vishwajeet project/ Uchchatar Avishkar Yojana.

Several initiatives have launched by The Central Government such as National Institutional Ranking Framework (NIRF), Impacting Research, Innovation & Technology (IMPRINT), Uchchtar Avishkar Yojna (UAY), Global Initiative of Academic Networks (GIAN) in the field of education for the qualitative development of education in the country.

HRD Ministry announced the Uchchatar Avishkar Yojan during IIT Council Meeting on 6 October 2015 to promote development in the field of manufacturing and design industry as well as motivating innovative mindset in the students and faculty in premier technological institutes. There is also an another goal that is to bring a coordinated action between academic and the industry and to have outcome-based research funding.

PM Scholarship 2017-18 Objectives

The main objective of this scholarship is to stop the brain drain and encourage innovation in the country. This scholarship will further boost up the ‘Make in India’ campaign, the minister hopes. Best brains from India go to foreign countries because they have three problems here said, minister.

Three reasons of the best brains go to foreign countries:

  • Foreign countries provide best of the best research labs.
  • Best of the scholarships have been provided in the foreign countries.
  • Foreign countries also offer the best guidance.

Above mentioned facilities attract the best brains of India. With these facilities, students can survive and maintain themselves as well as can able to concentrate on the studies with the best guidance. The HRD Minister said that they now bringing all these three things together and will make the perfect atmosphere for the best brains of India.

Post-Doctoral Fellowships in India

PM Scholarship Amount 2017

The scholarship amount of Rs. 75,000 per month will be provided to 1,000 students (in higher education institutes and universities), according to the latest statement given by the HRD Minister. At present, the scholarship amount of Rs. 25,000 is given to the researcher-students at IITs.

A list published by IIT Bombay on its official website says that the scholarship amount of Rs. 25000 per month is given to the PhD scholars for first two years and after completion of two years of fellowship and on receipt of satisfactory report on successful presentation of Progress Seminar, the fellowships are enhanced to Rs. 28000 per month for remaining years (i.e. 3rd, 4th, & 5th year).

But the government officials said various amounts in various occasions about the scholarship amount to be distributed among the bright minds. Union Higher Education Secretary Kewal Kumar Sharma on 19 August 2017 had announced that the government will provide the amount of Rs. 70,000 per month as a fellowship to the researchers that doing their PhDs in IITs or IISc while addressing students and faculty members during the 67th Foundation Day of IIT Kharagpur.

Last year in the month of August, an IIT official told PTI that, the central government was planning to the grant new scholarship of worth Rs. 60,000 per month for five years to the selected students of IITs to promote innovation.

Latest News on Scholarships / Entrance Exams in India

In case of any query regarding the PM Scholarships, you can write to us in the comment section below. 

Subscribe for Regular Updates

Delivered by FeedBurner

Scholarships - Deadline Approaching