Government covers 14 SC, ST, OBC and DNT scholarship schemes under Digital Payments

The Government has stated that 14 scholarship schemes for Scheduled Castes and Other Backward Classes (OBCs) / Denotified, Nomadic and Semi-nomadic Tribes (DNTs) students come under Digital Payments Initiatives.

This is expected to benefit 3.54 crore students across the country.

As per the modalities of this initiative, all scholarship amount will be deposited in the bank accounts of the students.

Schemes for SCs

There will be a 60% Aadhaar seeding in SC student bank account.

Educational Empowerment is carried out by virtue of scholarships, hostels for students, coaching facilities, capital for creation/upgradation of premises, institution etc.

Ministry of Social Justice and Empowerment spends 54 % of its Budget on scholarships for Scheduled castes.

In addition, the government has tasked each branch of public sector banks to handhold at least one SC/ST youth, as an entrepreneur, to generate more employment among the members of the community.

Scholarships

Ministry of Social Justice and Empowerment is the nodal ministry for the implementation of seven different types of scholarships:

Post and Pre-Matric Scholarships;

Top Class Scholarship;

National Overseas Scholarships;

National Fellowship for Scheduled Castes administered by the UGC;

Pre-Matric Scholarship for Children of those engaged in unclean occupations;

Free Coaching for Scheduled Castes and OBCs (70: 30 ratio); and Upgradation of merit.

Current Affairs 15th April, 2017
Current Affairs One Liners 14th April, 2017
Current Affairs Round Up Bullet Points, March, 2017