Thursday, August 6


Tamil Nadu Finance Minister N. Marie Wilson on Wednesday presented the maiden Budget of the TVK government, outlining a fiscal roadmap centred on revenue mobilisation, education infrastructure and long-term economic growth, while setting a target of transforming the state into a $1.5 trillion economy by 2036.

Trichy: Tamil Nadu govt has allocated Rs131 crore for the SC/ST overseas scholarship scheme, which is double the last year’s allocation. The allocation is expected to benefit 362 students seeking scholarships to pursue higher education abroad at reputed universities, such as top-ranked institutions in the QS rankings.The allocation marks a 100% increase from the Rs65 crore provided for the scheme last year. The scheme, called as ‘Annal Ambedkar Overseas Higher Education Scheme’, has been a flagship initiative of the social justice department even during the previous govt, with the number of beneficiaries steadily increasing over the past few years.

When it was launched in 2021-22, it had an allocation of Rs5.3 crore and benefited nine students. The number remained at nine in 2022-23, before increasing to 35 in 2023-24. Since then, both the number of beneficiaries and the allocation for the scheme have increased steadily. The scheme saw an intake of 200 SC/ST students pursue higher education abroad last year.

SC/ST students with annual family income of below Rs8 lakh are eligible for Rs36 lakh a year for PG or doctoral studies abroad.

  • Published On Aug 6, 2026 at 08:10 PM IST

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETEducation industry right on your smartphone!




Source link

Share.
Leave A Reply

Exit mobile version