Pradhan Mantri Fellowship Scheme for PhD in IIT & IISc

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Pradhan Mantri Fellowship Scheme – Finance Minister Arun Jaitley has made many announcements to promote students and education in their budget category. Arun Jaitley announced the Pradhan Mantri Fellowship Scheme while presenting the general budget on Thursday. Under this, a total number of 1000 B.Tech students will be given the opportunity to do PhD in IIT and IISc. The Finance Minister said the Government has started the Pradhan Mantri Anusandhan Fellow Yojana (Prime Ministers Reseach Fellow Scheme).

Identification of 1000 Students Under Pradhan Mantri Fellowship Scheme
Under this scheme, the government will identify one thousand Best BTech students of major institutions every year. Facilitate them to do PhD in IIT and Indian Institute of Science A good fellowship will also be provided to students. He said, the government has taken steps to open specialized new railway schools in Vadodara and two new schools of planning and architecture.
Architect Studies in IIT Under Pradhan Mantri Fellowship Scheme
The Finance Minister said that besides this, 18 schools of planning and architecture will be opened as an independent school in IIT and NIT. At the same time, the Government has announced to increase the Higher Education Finance Agency’s budget to improve the quality of higher education.
75000 Scholarships Under Pradhan Mantri Fellowship Scheme
According to the information, under this scheme, students will be given Rs. 75000 per month for fellowships. Only by enhancing research and innovation, India can compete with top educational institutes in the world. Higher education finance agency was formed in the previous budget. There was a budget provision of ten thousand crores in it.
Long-term capital gains (LTCG) have been increased from zero percent to current 10 percent and reduced corporate tax to 25 percent for 99 percent companies. However, he has not made any changes to tax structure for income tax payers.
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