New
Delhi: The government Thursday approved a Rs.1.200
crore scholarships scheme for students in the job-starved Jammu
and Kashmir to pursue higher studies outside the state.
The plan was approved by the Cabinet Committee on Economic Affairs
that met here with Prime Minister Manmohan Singh in chair.
"The total cost of the scheme will be Rs.1,200 crore of which
Rs.88 crore will be incurred in the current financial year," an
official spokesperson said.
According to the plan, 5,000 fresh scholarships would be provided
every year over the next five years.
"Of these 4,500 scholarships will be for general degree courses,
250 for engineering and 250 for medical studies," the spokesperson
said.
Every scholar will get up to Rs.30,000 per year for tuition fees
for general degree courses, up to Rs.1.25 lakh for engineering
course and up to Rs.3 lakh for medical studies.
In addition to these, hostel fees and incidentals will also be
given for all categories of courses up to a ceiling of Rs. 1 lakh
per annum.
Students who pass the Class 12 or equivalent exam from the Jammu
and Kashmir board and pursue general degree courses like
engineering, medical studies and other professional courses in
government colleges and other reputed institutes, located outside
the state would be eligible for scholarship under this scheme.
"The income ceiling will be Rs.4.5 lakh per year," said the
spokesperson.
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