PM scholarship of Rs 75K per month to 1000 talented students: Javadekar
Bhubaneswar/Jaipur: In a move to retain the best minds in the country, Human Resource Development (HRD) Minister Prakash Javadekar said that the centre will soon start a ‘Prime Minister scholarship’ for talented students. He was addressing the convocation ceremony at Manipal University in Jaipur.
“There will soon be a ‘Prime Minister scholarship’ under which Rs 75,000 per month will be given to the best 1,000 talented students. A note in this regard will go to the Cabinet soon,” Javadekar said.
Moreover, Javadekar said there were three reasons contributing to the ‘brain drain’ in the country.
“I always wonder why our best of the best brains go to foreign countries – because they have three difficulties here. First, in foreign countries they get best of the best research labs, secondly they get best of the scholarships so they can survive and maintain themselves, and then they get the best guidance.”
“Now we are bringing all these three things together,” he said.
Adding that it is the duty of every student to pay back to society and contribute their best for the development of the nation, he said, “All those students who are planning to go abroad for advanced studies should stay back and study in India only.”
The Minister also said that with Higher Education Financing Agency (HEFA), they are leveraging Rs 20,000 crore which will be used in extending loans to the educational institutes “for creating research infrastructure here”.
“So, we will have the best research infrastructure here also, so don’t go there, come here for research,” he added.