The Cabinet Committee on Economic Affairs (CCEA) approved changes in the centrally sponsored Post-Matric Scholarship Scheme to benefit more than four crore Scheduled Caste students in the next five years and approved a total investment of over Rs 59,000 crore for the purpose. Of the total investment of Rs 59,048 crore approved by the Cabinet chaired by Prime Minister Narendra Modi, 60 per cent, which amounts to Rs 35,534, would be spent by the Centre and the rest by the state govenrment.

The Cabinet Committee on Economic Affairs (CCEA) approved changes in the centrally sponsored Post-Matric Scholarship Scheme to benefit more than four crore Scheduled Caste students in the next five years and approved a total investment of over Rs 59,000 crore for the purpose. Of the total investment of Rs 59,048 crore approved by the Cabinet chaired by Prime Minister Narendra Modi, 60 per cent, which amounts to Rs 35,534, would be spent by the Centre and the rest by the state govenrment.