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About SHREYAS Scheme

Context:

The scheme Scholarships for Higher Education for Young Achievers Scheme (SHREYAS), has been proposed to be implemented during the 2021-22 to 2025-26 by placing two ongoing Central Sector Schemes for OBC (Other Backward Classes) and EBC.

  • These schemes are, National Fellowship for OBC and Dr.Ambedkar Central Sector Scheme of Interest Subsidy on Educational Loans for Overseas Studies for OBCs and Economically Backward Classes (EBCs).

Relevance:

GS II: Government Policies and Interventions

Dimensions of the Article:

  1. SHREYAS: Empowering Education for OBC & EBC Students

SHREYAS: Empowering Education for OBC & EBC Students

  • SHREYAS is an umbrella scheme under the Ministry of Social Justice & Empowerment.
  • It aims to empower OBC & Economically Backward Class (EBC) students through fellowships and interest subsidies on educational loans for higher education.

Sub-Schemes: The SHREYAS umbrella scheme includes four central sector sub-schemes:

Free Coaching Scheme for SCs and OBCs:
  • Objective: Provide high-quality coaching to economically disadvantaged SCs and OBCs for competitive exams and technical/professional institution admissions.
  • Income Ceiling: Family income capped at 8 lakhs per annum.
  • Slot Allocation: 3500 slots allotted annually.
  • Gender Inclusivity: 30% slots reserved for females in both categories.
  • Allocation Ratio: SC: OBC ratio at 70:30 for equitable access.
  • Outcomes: Benefited 19,995 beneficiaries from 2014-15 to 2022-23.
Top-Class Education for SCs:
  • Objective: Recognize and promote quality education among SC students beyond the 12th class.
  • Income Ceiling: Family income limit set at 8 lakhs per annum.
  • Coverage: Includes 266 higher education institutes, including prestigious institutions like IIMs, IITs, and NITs.
  • Scholarship: Covers tuition fee, non-refundable charges, academic allowance, and other expenses.
  • Outcomes: Benefited 21,988 beneficiaries from 2014-15 to 2022-23.
National Overseas Scheme for SCs:
  • Objective: Provide financial assistance to selected students from various categories for pursuing masters and Ph.D. courses abroad.
  • Eligibility: Students with family income below Rs. 8 lakhs per annum, securing admission in the top 500 QS ranking foreign institutes/universities.
  • Scholarship: Covers tuition fee, maintenance, contingency allowance, visa fee, and airfare.
  • Outcomes: Benefited 950 beneficiaries from 2014-15 to 2022-23.
National Fellowship for SC Students:
  • Aim: Support SC students pursuing M.Phil/Ph.D. degrees in Sciences, Humanities, and Social Sciences in Indian Universities/Institutions/Colleges recognized by UGC.
  • Eligibility: NET-JRF qualified candidates or Junior Research Fellows for Science stream (UGC-CSIR Joint Test).
  • Allocation: Provides 2000 new slots annually (500 for Science and 1500 for Humanities/Social Sciences).

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