Uttarakhand CM Initiates First Phase of Scholarship Scheme | 23 Jan 2024

Why in News?

Recently, Uttarakhand Chief Minister provided an amount of Rs 33 lakh 52 thousand through Direct Benefit Transfer (DBT) to the account of 241 students in the first phase of the Chief Minister’s Higher Education Promotion Scholarship Scheme.

Key Points

  • This amount was provided to the students entering their first year of graduation at the university campuses and government colleges in the state.
  • The students having a minimum of 80% of the faculty-wise merit list prepared at the college level, monthly scholarships of Rs 3000, 2000 and Rs 1500 will be provided to the first, second and third respectively.
  • Scholarships distributed for other classes will be done after verification on the Samarth Portal from the concerned institute level.
  • The main objective of starting this scheme is to bring forward the talents of students from ordinary families.

Chief Minister’s Higher Education Promotion Scholarship Scheme

  • It was announced on 31st May 2023 by Chief Minister Pushkar Singh Dhami.
  • The main objective behind launching the Scheme is to encourage students to pursue higher education by providing them monthly financial assistance.
  • Only Graduate and Post Graduate Students are eligible for scholarship.

Direct Benefit Transfer (DBT)

  • It is an initiative launched by the Government of India on January 1st, 2013, with the aim of reforming the government delivery system.
  • It is designed to streamline and expedite the transfer of information and funds to beneficiaries while also reducing fraudulent practices within the system.
  • DBT enables the direct transfer of government subsidies, benefits, and assistance to the intended recipients, ensuring a more efficient and transparent delivery mechanism.