The social justice and empowerment ministry has mentioned on Monday that almost 4,000 youngsters who have been orphaned through the COVID-19 pandemic have benefitted below a brand new PMCARES scholarship scheme.The new Scholarship for PMCARES Children scheme below the ministry was formulated as a central sector scheme, it mentioned.
Under the scheme, a scholarship allowance of Rs 20,000 per youngster every year could be given, which is able to comprise a month-to-month allowance of Rs 1,000 and an annual educational allowance of Rs 8,000 to cowl the varsity charges, the price of books, uniforms, footwear and different instructional gear, the ministry mentioned in a press release.
The scholarship shall be disbursed by means of direct profit switch to the youngsters from Class 1 till they cross the Class-12 examination. The ministry mentioned 3,945 youngsters have benefitted below the scheme with an quantity of Rs 7.89 crore throughout 2022-23.
Prime Minister Narendra Modi launched the advantages below the PM-CARES for Children Scheme on Monday. Modi transferred the scholarship to school-going youngsters. Also, a passbook of PM CARES for Children and a well being card below the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana have been handed over to youngsters through the programme.
The goal of the PM CARES for Children scheme is to make sure complete care and safety of youngsters in a sustained method by offering them boarding and lodging, empowering them by means of training and scholarships, equipping them for a self-sufficient existence with a monetary help of Rs 10 lakh on attaining 23 years of age and making certain their well-being by means of medical insurance.
With inputs from PTI.
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Source: www.financialexpress.com”