Cabinet Committee on Economic Affairs (CCEA) approved the continuation and revision of Centrally Sponsored Scheme of Post Matric Scholarship for Other Backward Classes Students for studying in India (PMS-OBC) till 2020.
a. Cabinet Committee on Financial Affairs (CCFA)
b. Cabinet Committee on Monetary Affairs (CCEA)
c. Cabinet Committee on Economic Affairs (CCEA)
d. None of the above
- PMS-OBC is a flagship scheme of Ministry of Social Justice & Empowerment, in operation since 1998-99.
- It is a fully centrally sponsored scheme that aims to provide financial assistance to OBC students studying at post-matriculation or post-secondary stage to enable them to complete their education.
About the Revised PMS-OBC:
- The revision in PMS-OBC scheme aims to ensure effective implementation and better monitoring of the schemes.
- It will cover larger numbers of eligible and deserving poor OBC students who will be able to pursue higher studies.
- It will also ensure effective implementation, achieve de-duplication and enhanced monitoring.
- Under the revised PMS-OBC, annual parental income ceiling has been increased from Rs. 1 lakh to Rs. 1.5 lakh.
- Now onwards, 30% of funds will be earmarked for girl students and 5% for students with disabilities.
- Disbursement of scholarships will be now through Aadhaar seeded bank accounts.
- Central assistance for scheme will be released according to National Allocation since its funds are limited.
- Henceforth, the concept of Committed Liability will not apply to States/UTs for releases.
Question:
Q. Who approved the continuation and revision of Centrally Sponsored Scheme of Post Matric Scholarship for Other Backward Classes Students for studying in India (PMS-OBC) till 2020?a. Cabinet Committee on Financial Affairs (CCFA)
b. Cabinet Committee on Monetary Affairs (CCEA)
c. Cabinet Committee on Economic Affairs (CCEA)
d. None of the above
