‘PM Yashasvi’ Scheme for OBC, EBC and Nomadic tribe students unveiled in Gujarat

Gandhinagar: The central government has launched the ‘Young Achievers Scholarship Award Scheme For Vibrant India for OBC and Others’ popularly known as “PM Yashasvi” for students from OBC, EBC and Nomadic tribes categories.

A function to float the scheme was held on Sunday at Mahatma Mandir in Gandhinagar in the presence of chief minister Bhupendra Patel and Union Minister for Social Justice and Empowerment, Virendra Kumar.

There are five schemes already functional for students of these categories. These five older schemes are Pre-Matric Scholarship Yojana, Post-Matric Scholarship Yojana, Top Class Education for Schools, Top Class Education for Colleges, and Hostel Development Yojana. These five existing schemes have been repackaged under the ‘PM Yashasvi’ scheme albeit with certain improvements.

Under the ‘PM Yashasvi’ Scheme, the central government plans to spend Rs 3,950 crore on students from the OBC, EBC and Nomadic tribe categories and for developing hostels for them in the next four years.

The Scheme will be implemented from 2022-2023 to 2025-26 and 60% of the funds for its budget will be borne by the central government while the remaining 40% will be stumped up by the state government.

The income cut-off limit for Pre-Matric and Post-Matric Scholarships has been set as Rs 2.5 lakh. In Pre-Matric, Rs 4,000 and in Post-Matric, amounts ranging from Rs 5,000 to Rs 20,000 will be credited as scholarships in the bank account of the eligible students from these categories.

Under the Top Schools Scheme, 21,000 schools have been shortlisted on whom Rs 1,608 crore will be spent in the four years. The Top Colleges Scheme envisages an expenditure of Rs 2,342 crore on 259 shortlisted colleges during the same period. DeshGujarat.