12.10% increase in budget allocation for Ministry of Social Justice and Empowerment


  • 12.10% increase in budget allocation for Ministry of Social Justice and Empowerment
14-02-2018 | Pratidin Bureau. |

There is an increase of 12.10% in the budget allocation for Ministry of Social Justice and Empowerment in the Union Budget 2018-19 over 2017-18. Rs 6908.00 crore was allocated in 2017-18 which has now been increased to Rs 7750.00 crore in 2018-19. There is also an increase of 11.57% in the budget allocation for schemes in 2018-19 over 2017-18. In addition to this, there is an increase of 41.03% in the budget allocation for the welfare of OBC in 2018-19 over 2017-18.

A new scheme ‘Venture Capital Fund’ for OBCs will also be launched on similar lines as Venture Capital Fund for SCs, with an initial corpus of Rs 200 crore.  Rs 140 crore has been provided for it in 2018-19.

For Pre-Matric Scholarship for OBC, the income eligibility has been increased from Rs 44,500/- per annum to Rs 2.5 lakh per annum. The same has been raised from Rs.2.00 lakhs to Rs. 2.5 lakhs. Stipend for day scholars has been raised from Rs 150 to Rs 225 and for hostelers, it has been raised from Rs 350 to Rs 525.

The earlier rates of scholarships of day scholars from Class I to V, Class VI to VIII and Class IX to X of Rs 25, Rs 40 and Rs 50 respectively for 10 months has been revised to Rs 100 per month for 10 months from Class I to X. Earlier rates of scholarships of hostellers from Class III to VIII and Class IX to X of Rs 200 and Rs 250 respectively for 10 months has been revised to Rs 500 per month for 10 months from Class III to X. Ad hoc grant for all students under the scheme is Rs 500 per annum. Under the National Fellowship for Scheduled Castes, the assistance has been increased from Rs 25,000/- to Rs 28,000/- per student.

Tags : Ministry of Social Justice and Empowerment OBC SC India India News Budget Budget 2018-19


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