New Scholarship Scheme for the children of farmers, Karnataka

To provide financial assistance to the children of farmers through scholarships thereby promoting higher education

On July 27, 2021, the newly elected Chief Minister of Karnataka Mr. Basavaraj Bommai announced a new scholarship scheme for children of farmers in the state. This scheme is mainly planned to help the children of farmers studying as well as the children who wish to study. It aims at boosting students to take up higher studies. Due to lower financial background, many farmer children have to back off from their studies. This scheme will assist these children in completing their studies irrespective of their financial background. It will also lessen the economic burden of farmers thereby providing help in educating their children. The total budget allocated for this scheme is Rs. 1000 crores.

Scheme Overview:

Scheme:New scholarship scheme for children of farmers
Scheme Under:Karnataka Government
Announced By:Chief Minister Basavaraj Bommai
Announcement Date:July 27, 2021
Scheme Benefit:Financial Assistance by the way of scholarship
Beneficiaries:Children of farmers in the state
Objective:To provide financial assistance to the children of farmers through scholarships thereby promoting higher education
Budget:Rs. 1000 crores

Objectives and Benefits:

  • The main objective of the scheme is to provide financial assistance to the children of farmers
  • The scheme will enable the children to pursue higher education
  • Under the scheme the children will be able to pursue higher education in the stream of their choice
  • It will provide help to the farmers and their children to meet the expenses for higher studies
  • This financial assistance will help them with further studies without having financial constraints

Key Points:

  • Newly appointed CM of Karnataka, Mr. Basavaraj Bommai announced a scholarship scheme for all the children of farmers in the state
  • This announcement was made by the CM after taking the charge of office on July 27, 2021
  • This new scholarship scheme is planned for children of farmers in the state thereby helping them to study further without any financial constraints
  • This scheme will give the children a chance to pursue to higher education as per their choice
  • No farmer child will opt out of higher education due to financial constraints
  • This scheme will enable poorest student to enroll in the higher studies
  • Scholarship amount will directly be transferred to the beneficiary account through DBT
  • This scheme will help all the financially weaker students to study further
  • For this scheme, CM announced the budget of Rs. 1000 crores
  • Apart from this scheme CM also announced an increase in the widow pension from Rs. 600 to Rs. 800/- and old age pension under Sandhya Suraksha Scheme from Rs. 1000 to 1200/-
  • He also announced an increase in the assistance provided to divyang people from Rs. 600 to Rs. 800/-

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