Which of the following statements is/are correct with reference to the Post Matric Scholarship Scheme for Scheduled Castes?

Which of the following statements is/are correct with reference to the Post Matric Scholarship Scheme for Scheduled Castes?

A. The funding pattern under the Scheme was changed from the committed liability formula to a fixed sharing pattern of 60:40 between the Centre and the States.

B. An amount of Rs.35,534 crore was committed by Central Govt. for this scheme till 2025-26.

C. Both A & B

D. None of these

Explanation:

The outlay for Post Matric Scholarship Scheme for Scheduled Castes has increased with historic investment in the present government. Minister for Social Justice and Empowerment reviewed the progress of the Post Matric Scholarship Scheme for Scheduled Castes in the last financial year. The funding pattern under the Scheme was changed from the committed liability formula to a fixed sharing pattern of 60:40 between the Centre and the States (90:10 for the North EasternStates), thus increasing the commitment of the Government in the scheme by almost four times. An amount of Rs.35,534 crore was committed by Central Govt. for this scheme till 2025-26 and it is estimated that about 4 crore youth from the SC community will be benefitted during this period.