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CM YS Jagan Mohan Reddy launched Jagananna Vidya Deevena scheme for helping the poor and economically backward students. This scheme is mainly launched to help the students studying as well as the children who wish to study. It aims at boosting students to take up higher studies. Under this scheme students will be provided with scholarships and fee reimbursements. Students pursuing polytechnics will get Rs. 15,000 per annum, students pursuing IIT will get Rs. 10,000 per annum and students pursuing degree or other courses will get Rs. 20,000 per annum. This reimbursement will be applicable till the completion of the course. On April 19, 2021 CM released about Rs. 672 crores as the 1st installment under this scheme.
Scheme Overview:
| Scheme name: | Jagananna Vidya Deevena |
| Scheme Under: | Andhra Pradesh Government |
| Launched By: | YS Jagan Mohan Reddy |
| Scheme Benefit: | Financial Assistance by the way of fee reimbursement |
| Beneficiaries: | All the students from financially weaker background across the state |
| Objective: | To enable financial assistance to the students through fee reimbursement thereby promoting higher education |
Objectives and Benefits:
- The main objective of the scheme is to provide financial assistance to the students belonging to financially weaker background
- The scheme will enable the students to pursue higher education
- Under the scheme the students will pursue higher education in the stream of their choice
- Students pursuing polytechnics will get Rs. 15,000 per annum, students pursuing IIT will get Rs. 10,000 per annum and students pursuing degree or other courses will get Rs. 20,000 per annum
- It will provide help to the students to meet their expenses for higher studies
- This financial assistance will help the students with further studies without having financial constraints
Key Points:
- CM YS Jagan Mohan Reddy launched Jagananna Vidya Deevena scheme for all the students in the state belonging to financially weaker background
- This scheme will give the students a chance to pursue to higher education as per their choice
- Students will get a chance to take admission in various streams
- No student will opt out of higher education due to financial constraints
- This scheme will enable poorest student to enroll in the higher studies
- Students pursuing polytechnics will get Rs. 15,000 per annum, students pursuing IIT will get Rs. 10,000 per annum and students pursuing degree or other courses will get Rs. 20,000 per annum
- Students belonging to SC, ST, EWS and other minorities will be provided with 100% reimbursement
- For this scheme, CM released the first installment of fee reimbursement amounting to Rs. 672 crores, wherein Rs. 4,879 crores are spent till date on the scheme
- This amount of fee reimbursement will be transferred to the bank accounts of mothers of beneficiary students
- Through the first installment about 10.88 lakh students will be benefited in the state
- Second installment will be released this year in July, the third in December and last in February, 2022
- Dues amounting to Rs. 1,880 crores were cleared
- This scheme will help all the financially weaker students to study further
- It will ensure that no student finds it difficult to study due to financial constraints
- This will lead to overall development of the socially and economically weaker sections across the state in the long run
