Context:
A total of ₹32.44 Crore has been released for Pre-matric Scholarships and ₹387.27 Crore for Post-Matric Scholarships to States/Union Territories (UTs) under the PM YASASVI scheme in 2023.
Relevance:
GS II: Government Policies and Interventions
PM Young Achievers Scholarship Award Scheme (PM YASASVI): Empowering Students for Academic Excellence
Scholarship Target Groups:
- Aimed at students from Other Backward Class (OBC), Economically Backward Class (EBC), and Denotified Nomadic Tribes (DNT) backgrounds.
Scholarship Phases:
- Covers Pre-Matric Scholarships for Classes 9 to 10 and Post-Matric Scholarships for higher education at the post-matriculation or post-secondary level.
Opportunity for Exceptional Students:
- Exceptional students can avail scholarships for enrollment in top-tier schools and colleges.
Hostel Facilities for OBC Students:
- OBC students benefit from hostel facilities provided through a dedicated construction scheme.
Eligibility Criteria:
- Open to students from OBC, EBC, and DNT categories.
- Parents or guardians’ annual income should not exceed Rs. 2.50 Lakhs.
- Applicable to students studying in Class 9 or 11 in Top Class Schools.
Geographical Scope:
- Scholarships available for studies within India.
- Awards granted by the Government of the respective State/Union Territory to which the applicant belongs permanently.
Entitlement and Coverage:
- Up to Rs. 75,000 per annum for Class 9/10.
- Rs. 1,25,000 per annum for Class 11/12, covering school tuition and hostel fees.
Implementing Agency:
- Administered by the Department of Social Justice and Empowerment, falling under the purview of the Ministry of Social Justice and Empowerment.
