Central Sector National Means-cum-Merit Scholarship Scheme (NMMSS)

Date:

The Centre has approved the continuation of the Central Sector National Means-cum-Merit Scholarship Scheme (NMMSS) over the 15th Finance Commission cycle for a period of five years from 2021-22 to 2025-26.

It has been approved with a financial outlay of one thousand 827 crore rupees with minor modifications in eligibility criteria such as increasing income ceiling from 1.5 lakh rupees per annum to 3.5 lakh rupees per annum and revising the renewal criteria under the scheme.

It is proposed to disburse scholarships to 14.76 lakh students. The objective of the scheme is to award scholarships to meritorious students of economically weaker sections to arrest their drop-out at class 8th and encourage them to continue their education at the secondary stage.

One lakh fresh scholarships of 12 thousand rupees per student are awarded to the selected students of class 9th every year and their continuation or renewal in classes 10th to 12th for study in State Government, Government-aided and Local body schools under the scheme. Students are selected for award of scholarships through an examination conducted by the State and Union Territory Governments.

This is a continuing scheme and since the launch of the scheme in 2008-09, over 22 lakh scholarships have been sanctioned till 2020-21 involving an expenditure of around one thousand 783 crore rupees.

Download Government Schemes PDF

━ related

Cyclone Biparjoy: India Issues Alerts as Severe Weather System Approaches

India has issued alerts and initiated precautionary measures as Cyclone Biparjoy intensifies and approaches coastal areas. With the potential for strong winds, heavy rainfall, and storm surges, authorities are taking proactive steps to ensure the safety of residents, evacuate vulnerable areas, and provide necessary support and resources to mitigate the impact of the cyclone.

International Day for the Fight Against Illegal, Unreported, and Unregulated Fishing 2023: A Global Call to Preserve Oceanic Resources

The International Day for the Fight Against Illegal, Unreported, and Unregulated (IUU) Fishing is observed on [date] each year to raise awareness about the detrimental impact of IUU fishing practices on marine ecosystems and coastal communities. This day serves as a reminder of the urgent need for international collaboration and stringent measures to combat IUU fishing and ensure sustainable management of our oceans.

Dennis Francis Elected 78th UNGA President: A New Leadership for Global Diplomacy

Dennis Francis, a respected diplomat, has been elected as the 78th President of the United Nations General Assembly (UNGA). His appointment brings fresh leadership and a commitment to fostering international cooperation, addressing global challenges, and advancing the agenda of peace, development, and human rights.

Regulator Directs SBI Life to Take Over Sahara Life Policies: Ensuring Stability and Protection for Policyholders

In a regulatory move, SBI Life Insurance has been directed to take over the policies of Sahara Life Insurance, ensuring continuity and safeguarding the interests of policyholders. This directive by the regulatory authority aims to maintain stability in the insurance sector and provide assurance to customers amidst the transition.

UAE to Host World’s Largest Conservation Conference in 2025: A Global Initiative for Environmental Preservation

The United Arab Emirates (UAE) has been selected as the host country for the world's largest conservation conference in 2025. This prestigious event will bring together experts, policymakers, and environmental enthusiasts from around the globe to address pressing conservation challenges, exchange knowledge, and forge new partnerships in the pursuit of a sustainable future.