Cabinet Committee on Economic Affairs approved Rs. 59,048 Crore post matric scholarship scheme for SC students

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Daily Current Affairs Article 24th December 2020: The Cabinet Committee on Economic Affairs (CCEA) has approved Rs. 59,048 Crore post matric scholarship scheme for more than four Crore Scheduled Castes students in 5 years.

The Central Government will spend Rs. 35,534 Crore for it which is 60 per cent and the balance 40 per cent will be spent by the State Governments.

It is estimated that 1.36 Crore such poorest students, who are currently not continuing their education beyond 10th standard would be brought into the higher education system in the next 5 years.