Rs. 245 crore earmarked for scholarships for students in 2024-25
Punjab Newsline, Chandigarh, December 7-
To provide financial assistance for the education of SC students, the Punjab Govt has released Rs. 92CR from the budget provisions for the year 2024-25 under the Post-Matric Scholarship for SC Students scheme. Additionally, Rs. 245CR has been earmarked for scholarships for the year 2024-25. This announcement was made by Dr. Baljit Kaur,cabinet minister, during a press conference held today at Punjab Bhawan, Chandigarh.
Divulging in this regards, Cabinet Minister stated that the Punjab Govt had released Rs. 366CR during the financial year 2023-24 to clear dues under the Post-Matric Scholarship for Scheduled Caste Students scheme for the years 2017-18 to 2019-20. Out of this, Rs. 283.62CR has already been disbursed to 1008 institutions. The Minister also assured that the remaining institutions with pending dues will receive payments soon.
The Cabinet Minister informed that Rs. 92CR has been released to clear dues for government institutions and students from Punjab studying in institutions in other states. Out of this amount, Rs. 59.34 crore has already been disbursed to 256 institutions, and efforts are being expedited to distribute the remaining funds to other institutions.