Punjab Govt Releases Rs 92 Cr for Post-matric Scholarship for SC Students

The Punjab government has released Rs 92 crore from the budget provisions for 2024-25 under the post-matric scholarship for Scheduled Caste students scheme, minister Baljit Kaur said on Saturday.

Additionally, Rs 245 crore has been earmarked for scholarships for the 2024-25 fiscal, said the Punjab minister for social justice, empowerment and minorities.

Kaur stated the Punjab government released Rs 366 crore during the financial year 2023-24 to clear dues under the scheme for 2017-18 to 2019-20.

Of this, Rs 283.62 crore has already been disbursed to 1,008 institutions. The minister also assured people that the remaining institutions with pending dues will receive payments soon.

Baljit Kaur said Rs 92 crore has been released to clear dues for government institutions and students from Punjab studying in other states.

Of this amount, Rs 59.34 crore has already been disbursed to 256 institutions and efforts are being expedited to distribute the remaining funds to other institutions, she said.

Rs 229.23 crore was released for students in the financial year 2023-24 and Rs 245 crore has been earmarked for scholarships for students in the current financial year 2024-25, the minister said.