The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for continuation and revision of the Centrally Sponsored Scheme of “Post Matric Scholarship for Other Backward Classes Students for studying in India” (PMS-OBC) for the years 2017-18, 2018-19 and 2019-20.
The revision in the PMS-OBC scheme to ensure effective implementation and better monitoring of the schemes includes:
The estimated cost of the Scheme will be Rs.3,085 crore.
The revised Scheme:
“Post Matric Scholarship for Other Backward Classes Students for studying in India” (PMS-OBC) a flagship scheme of the Ministry of Social Justice & Empowerment has been in operation since 1998-99. It enables approximately 40 lakh OBC students to pursue higher study after class X per year.