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🎓 Education & LearningCentral

AICTE-INAE Distinguished Visiting Professorship Scheme

All India Council for Technical Education (AICTE) and Indian National Academy of Engineering (INAE) distinguished visiting Professor scheme envisages promotion of industry-institute interaction.

💰The Distinguished Visiting Professor will be reimbursed air-fare in “Y-Class” or actual fares if performed by Rail or approved INAE rate if travel is performed by Road. | - The Distinguished Visiting Professoris entitled to an honorarium of ₹ 10,000/- per lecture day. | - For on-line sessions of DVP Programs, the Experts will be paid only Honorariums of ₹ 10,000/- per day without travelling/lodging expenses based on mutually decided timings between concerned DVPs in association with the concerned Institutes.

🎓 Education & LearningCentral

AICTE-INAE Travel Grant Scheme For Engineering Students From AICTE Approved Engineering College/Institution

A Travel Grant Scheme by the All India Council for Technical Education (AICTE) and by the Indian National Academy of Engineering (INAE), for the students from AICTE approved Engineering College/institutions. The scheme aims at enhancing the quality of engineering education in the country.

💰Financial Support | - The reimbursement of 100% Registration Fee, Visa Fee including travel insurance up to ₹5000. | - The reimbursement of 50% of the actual Airfare or discounted /concessional air tickets along with local transport from the airport to the venue for presentation, in case not claimed from any other source. | - Actual fare not exceeding AC II-Class train fare will be admissible for travel from the Technical Institution to the nearest airport and back in India). | - The maximum financial support per student for all the above reimbursements is limited to ₹1,00,000.

🎓 Education & LearningCentral

AICTE-ISTE INDUCTION/REFRESHER PROGRAMME SCHEME

AICTE-ISTE Induction/ Refresher Programme provide financial assistance to AICTE approved institutions/universities in conducting training for the teaching faculties working in technical institutions.

💰Funding to the institution/University: ₹ 3,00,000/-

🤝 Social welfare & EmpowermentCentral

AICTE-LILAVATI AWARD

AICTE-LILAVATI AWARD intends to recognize efforts being made by AICTE-approved institutions to treat women with ‘equality and fairness’ in all spheres of their lives.

💰Award and Recognition of the work: | The award in the form of prize money will be given to the 24 winning teams (three under each sub-theme) as follows: | - Winner: ₹ 1,00,000/- | - First Runner-up: ₹ 75,000/- | - Second Runner-up: ₹ 50,000/-

🎓 Education & LearningCentral

AICTE-Margdarshan scheme

Margdarshan Initiative has been introduced by All India Council for Technical Education in 2018 for facilitating the technical institutes in order to improve the quality of technical education as a whole through accreditation by providing access to the facilities available in host institute.

💰For Margdarshan Institute or Mentor Institute(MI): | - The Council has made provisions of a token grant in aid of ₹ 3,00,000/- per MBI. Hence a maximum ₹ 30,00,000/- can be sanctioned to an MI for conducting activities under the Margdarshan Scheme for 10 MBIs altogether. | - Suitable honorarium to staff (Chief Coordinator, supporting persons, etc.) engaged in running the scheme. Such expenditure should be booked under the Heads 'Honorarium for MI Staff'. The maximum honorarium shall, however, be limited to 4% of the overall grant as allotted. | ItemFor any Serving/Retired Academician as Internal Experts of MIs.RemarksTravel Allowances (TA)(1)AC 2 tier accommodation / Chair Car when travelling by train (2) By own car / taxi limited to maximum of the prevailing rates of taxi notified by Central / State Government as applicable in the area from time to time.Payment of TA charges &amp;amp; honorarium will be done through respective MIs. Out of grant-inaid released by AICTEHonorarium₹ 3,000/- per day-Local SupportLocal support includes utilities such as local lodging, boarding, secretarial support, working office, other utilities etc. shall be provide by the host MBI when such experts visit the institute.- | Note: It is clarified that overall expenditure shall not exceed the funds sanctioned/ allotted to the MI. No reimbursement shall be made for expenditure exceeding the given amount. | For Mentee Beneficiary Institute (MBI): | - All activities should be mutually coordinated between the MIs and the associated MBIs to derive maximum benefi and for the betterment of the MBIs to a standard for seeking accreditation. A suggested list of activities is as follows: | - General: | - Workshop on Accreditation process, SWOT analysis for MBIs. | - FDPs/ Workshop on generation & submission of infrastructure project through various state/ central schemes. | - Workshop on Promoting Research, Consultancy, Industrial Projects etc. | - Guest lectures on Faculty motivation | - Institutional visit at MI or other Accredited institutes | - Benchmarking exercise with discussion on programme/department wise target for achieving Accreditation. | - Guest lectures on Innovation, start-up & entrepreneurship environment for faculty and students. | - Workshops on modifications of curriculum, new teaching- learning process etc that aids in OBE. | - Mapping of the activities with the Graduate Aptitudes must be clearly done. | - Workshops on various initiatives of AICTE for spreading awareness for better development of institution, faculty and students. | - FDPs/ Workshops on parameters of NIRF ranking. | - Institutional Reforms: | - Implementation of curricular reforms and development. | - Improve student performance and evaluation. | - Implement performance appraisal of faculty by students. | - Facilitating Guest/Special lectures. | - Assisting institute to organise faculty development programmes. | - Research interaction and innovation with faculty & students. | - Focus on Technical and life skill encouragement. | - Assist faculty in enhancing Outcome based education. | - Quality Improvement: | - Improving student learning. | - Improving student employability. | - Increasing faculty productivity and motivation through professional development. | - Increase in the average score of students participating in tests designed to measure technical and critical thinking skills. | - Percentage of sanctioned faculty positions in participating institutions submitted by regular or contract faculty as per AICTE norms. | - Increase in number of Faculty Trained in either their subject domain, pedagogy or management. | - Participation of institutes in newly designed research-hub related activities. | - Increase in average satisfaction level of the Student, Staff and Faculty.

🎓 Education & LearningCentral

AICTE-National Initiative for Training of Technical Teachers (for Inductee Teachers) Scheme

Ministry of Human Resource Development (MHRD) and All India Council for Technical Education (AICTE) jointly proposed an initiative called “National Initiative for Technical Teachers Training (NITTT)” to address the technical teachers of the country who plays an active role in the technical education

💰Training: Inductee Teachers will get training in three phases.- Certification: Only after successful completion of all the three phases, a final training completion certificate shall be issued to the Inductee Teacher.

🎓 Education & LearningCentral

AICTE-PROFESSIONAL DEVELOPMENT SCHEME

AICTE-Professional Development Scheme enables meritorious faculty to interact at International Level Conferences, both within and outside India, Seminars, and Symposia.

💰Limit of Funding: Up to ₹ 1,50,000/- | - Disbursement of the Funds: | - The grant will be disbursed on reimbursement basis on receipt of claim form along with relevant documents. Total grant will be based on the recommended group of countries with fixed financial effect as follows:- | - Group A : North America, Australia, South America, New Zealand : ₹ 1,50,000/- - Group B : Europe, Far-East Asia, Japan, China, Hong Kong, Taiwan, Korea,& Africa : ₹ 1,20,000/- - Group C: Neighboring Countries, Gulf Countries & SE Asia:₹ 1,00,000/- - Group D : Within India: ₹ 50,000 - Group E : Conferences which are not covered under the above Groups (Group A-D) will be evaluated by the committee Amount recommended as per group of countries or Average of amount recommended by the experts, | or, | - Actual expenditure incurred, whichever is lesser will be entitled. | - Reimbursement of the following expenditures will be granted: | - Registration fee for conference. | - Per Day, allowance (Days of the conference plus actual journey period) asper the central government rules. | - Total expenses towards travel from international airport to destination airport and back. | Note: | - In case a candidate has availed grant in Group D, individual is still eligible to avail this grant for international support (with in a period of three years) minus the amount utilized for with in India. | - In case of the workshop/conference/seminar being held in online mode, AICTE will only be releasing the registration fee. | Terms and conditions: | - The applicant has to perform the journey by Air India only, unless Air India gives an official certificate that there is no flight on the concerned sector (either of Air India itself or in collaboration with some other airlines). In case, journey is performed by any other airline, the airfare approved will not be released. | - Applicant should submit only one proposal at a time. | - In case an application of a candidate for a particular event (for a Particular date as well as a particular venue) is rejected, the same shall not be considered again and no correspondence in this regard shall be entertained by the Council. | - The grant offered cannot be utilized for any other purpose other than the purpose for which granted. | - Application should be submitted three months in advance.

🎓 Education & LearningCentral

AICTE-QUALITY IMPROVEMENT (FOREIGN UNIVERSITY) PROGRAMME

The All India Council for Technical Education in its 55th Meeting of the Council held on 14th August 2018 approved the Quality Improvement Programme (Foreign University) (QIP-FU). The QIP(FU) is an extension of the QIP program launched by the Government of India in the year 1970.

💰Scholarship of ₹ 25,000/- per month.

🎓 Education & LearningCentral

AICTE-SHORT TERM TRAINING PROGRAMME (STTP) (UT-J&K,LADAKH AND NER)

AICTE-Short Term Training Program (STTP) intends to conduct faculty training through financial assistance from AICTE to enable faculty members in the field of technical education.

💰Funding to Institutions: ₹5,00,000/- to the host University/Institution for conducting the training for the academic year. | - Disbursement of the Funds: | - The full amount of the grant sanctioned shall be released as advance to the University/Institution. | - The amount spent by the institute on the conduct of STTP shall be adjusted on the basis of utilization certificate and detailed expenditure statement submitted by the University/Institution on the prescribed format along with other mandatory documents viz feedback form, copy of proceedings and completion report etc. | - The above said amount of grant shall be released on the basis of the Extension of Approval (EOA) issued by AICTE to the institute for the academic year. | - Training to Teachers/Staffs: Faculty training in the field of technical education with following type: | - Pedagogical Training. | - Subject related Training to teachers employed in disciplines: Engineering & Technology, Management, Pharmacy, Architecture etc. | - Training related to Moral Values, Ethics, Behavioural Sciences & Attitude etc. | - Training for teachers regarding orientation of newly admitted students. | - Training for supporting technical and administrative staff including Librarian.

🎓 Education & LearningCentral

AICTE-Swanath Scholarship Scheme For Students

A scholarship scheme by the Student Development Cell (StDC) of All India Council for Technical Education (AICTE) to provide encouragement and support to orphans, wards of parents who died due to Covid-19, wards of Armed Forces, and Central Paramilitary Forces martyred in action (Shaheed).

💰NUMBER OF SCHOLARSHIPS | A maximum of 2000 scholarships (1000 for Degree Students and 1000 for Diploma Students) will be awarded | every year to eligible candidates as above. | AMOUNT OF SCHOLARSHIP | Rs. 50,000.00 per annum for every year of study i.e. maximum 4 years duration for the first year admitted Degree students and maximum 3 years for Diploma Students as lump sum amount towards payment of college fee, purchase of computer, stationeries, books, equipment, software, etc. | No other additional grant will be payable in lieu of hostel charges, medical charges, etc. In case the student is currently studying in the 2nd /3rd/4th year at degree level the duration of the scholarship will be reduced to 3/2/1 year respectively. Similarly, for students currently studying in the 2nd /3rd year at diploma level, the duration of the scholarship will be reduced to 2/1 year respectively.

🎓 Education & LearningCentral

AICTE-Technical Book Writing & Translation Scheme

AICTE-Technical Book Writing & Translation scheme has been launched by the All India Council for Technical Education (AICTE) to promote the use of 'Scheduled Regional Language' in Technical Education for creating knowledge base in local language.

💰Maximum funding for translation work and for original Technical Book Writing (Funding will be shared in case of multiple authors) shall be limited to : | - Original book writer for UG : ₹ 2,00,000/-1. Original book writer for Diploma : ₹ 1,50,000/-1. Reviewer for UG: ₹ 40,000/-1. Reviewer for Diploma: ₹ 30,000/-1. Translator for UG & Diploma: ₹ 1,00,000/-1. Reviewer of translated books in regional languages for UG & Diploma: ₹ 20,000/- (In case of an author & co-author for one book, the amount will be split between the both).

🎓 Education & LearningCentral

AICTE-Training programs for Physical Education Trainers/Sport-Games Teachers/Director of Sports

Training programs for Physical Education Trainers/Sport-Games Teachers/Director of Sports, aims to support institution in conducting trainings to develop the skill of the participants to involve the masses in traditional sports/games and fun games for physical activity through recreation.

💰Funding to the institution: ₹ 6,39,000/- per program. | S.No.Head of expenditureRate per head (in Rs.)Limit of funding (in Rs.)1.Boarding &amp;amp; Lodging to the participants(Boarding + Lodging) @ ₹ 500/- 25 participant for 14 days (₹ 500x25x14days)₹ 175,000.00/-2.TA to outstation participantsIII AC/Actual Fare @ ₹ 4000/- per participant(₹ 4000x25)₹ 100,000.00/-3.Honorarium to course Coordinator(lump sum)₹ 25,000.00/-4.Reading material to participants (including reprographic arrangements, office expenses, stationery, etc.)i) @₹ 500 per person(₹ 500x 25 participant ii) office expenses (lump sum) ₹ 12500+7500=20,000.00/-5.Honorarium to Resource Persons (both from within and outside the training institution) including TA/DA as applicable.Honorarium to resource person @ (₹ 3000/- per session) (3000x54 =162000) for 54 session + TA @₹ 2000/- and DA @ ₹ 500 Per person for 15 Persons₹ 2,00,000.00/-6.Sports accessories (Track upper and lower, T-shirt)@₹ 1600 per participant for 25 participant(1600x25)₹ 40,000.00/-7.Official/ground assistant for 14 days@₹ 1000 /-per person for 14 days (1000x14)₹ 14,000.00/-8.Inauguration and valedictory function, certificates, mementoes etc.₹ 40,000.00/-9.Miscellaneous Expenditure₹ 25,000.00/-10.Total Amount in Rs.₹ 6,39,000/-

🎓 Education & LearningCentral

AlCTE - Distinguished Professional Scheme

AICTE-Distinguished Professionals Scheme has been launched by the All India Council for Technical Education, Ministry of Education to improve the quality of Technical Education in India by utilizing the expertise of Professionals, Emeritus professors & Eminent Personalities to share their knowledge.

💰Honorarium of ₹15,000 per day for full-day interaction with faculty members/students. | - Travel and local hospitality arrangements will be managed by the host institution. | - Professionals are encouraged to visit at least three rural institutions per year.

💼 Business & EntrepreneurshipCentral

Ambedkar Social Innovation and Incubation Mission (ASIIM)

The scheme aims to boost entrepreneurship and innovation among SC students and SC differently-abled youth by providing focused support to translate innovative, technology-oriented business ideas into successful commercial enterprises. It offers equity funding and hand-holding support.

💰Provision of equity assistance up to ₹30,00,000/- over a period of 3 years for identified innovative ideas from Scheduled Caste students in Technology Business Incubators (TBIs). | - The assistance covers costs toward Technology Business Incubator (TBI) accommodation cost, Hardware, Software, Fellowship, Travel and marketing, Intellectual Property (IP) filing, Tool-room expenses, and Co-workers. | - Successful ventures would further qualify for venture funding up to ₹15,00,00,000/- from the Venture Capital Fund for Scheduled Castes (VCF-SC). | - The Venture Capital Fund for Scheduled Castes (VCF-SC) shall extend all support in the form of hand-holding, guidance, and mentoring. | Disbursement Details | - The maximum capital of ₹30,00,000/- is disbursed at ₹10,00,000/- every year over a period of 3 years. | - The fund infused shall be in the form of Equity, Optionally Convertible Preference Shares (OCPS), or Compulsorily Convertible Preference Shares (CCPS). | - The tenure of financial assistance under Ambedkar Social Innovation and Incubation Mission (ASIIM) is 10 years, starting from the date of the first disbursement. | Conditions | - _The equity assistance is subject to satisfactory evaluation of the progress by the concerned Technology Business Incubator (TBI)._ | - _The financial assistance shall be released to the entities/Companies promoted by these young Scheduled Caste entrepreneurs._ | - _Selected participants must form or have a private limited or limited company where the Scheduled Caste entrepreneur holds at least 51% shareholding._ | - _The entrepreneurs must bear the expenses required for forming a company during the 3-year incubation period._ | - _The entity must maintain the 51% Scheduled Caste shareholding along with management control until the assistance under the Ambedkar Social Innovation and Incubation Mission (ASIIM) is present in the company._ | - _The conversion of shares provided as funding to equity will be a maximum of 49% stake and will occur only after 3 years, differing on a case-to-case basis._ | - _Proprietary Firms, Partnership Firms, One Person Company (OPC), Limited Liability Partnerships (LLPs), or any other establishment incorporated under any law in force should convert itself into a Private Limited or Public Limited company before receiving assistance under the fund._

🎯 BankingCentral

Amended Technology Upgradation Fund

The Ministry of Textiles introduced the Amended Technology Upgradation Fund Scheme (ATUFS). This scheme aims to facilitate investment, employment, productivity, quality and import and export substitution in the textile industry.

💰ATUFS benefit is available for investment in benchmarked machinery in the following segments: | - Weaving, weaving preparatory, and knitting | - Processing of fibres, yarns, fabrics, garments, and made-ups | - Technical textiles | - Garment/made-up manufacturing | - Handloom sector | - Silk sector | - Jute sector | Capital Investment Subsidy (CIS) is provided as per segment and rates below: | S. NoSegmentCIS RateCIS Cap per Entity1Garmenting, Technical Textiles15% on eligible machines₹30 crore2Weaving (Shuttle-less looms, preparatory, Jute, Silk, Handloom)10% on eligible machines₹20 crore3(a)Composite units (Garmenting + Technical Textiles) &amp;gt; 50% investment in those segments15%₹30 crore3(b)Composite units with &amp;lt; 50% investment in Garmenting &amp;amp; Technical Textiles10%₹20 crore

📋 ScienceCentral

ASEAN-India Research Training Fellowship

The “ASEAN-India Research Training Fellowship (AI-RTF)” is a fellowship scheme initiated by the Department of Science & Technology, Government of India under ASEAN-India Science & Technology Development Fund to support young talented researchers/scientists of ASEAN member countries.

💰Full financial assistance will be provided to the selected Fellows which includes the following:- | a) Round trip international airfare by lowest economy class and by the shortest route from the international airport in the home country of the applicant to the international airport nearest to the host institution in India; visa fees, overseas medical insurance, etc. | b) A consolidated Fellowship amount of Indian Rupees (INR) 60,000/- per month. | c) One-time grant of INR 40,000/- as research contingency expenses, airport transfers, domestic travel for attending scientific /events, and field trips within India. | d) Institutional overhead charges @ INR 2,500/- per month. | e) The allowance as in (a), (b) & (c) will be released to the host institution in India for disbursement to the Fellow. The host Institution will arrange appropriate accommodation for the Fellow on a payment basis. | - The selected Fellow is advised to take an appropriate policy for health insurance coverage for the period of stay in India. The cost of obtaining an overseas insurance policy is covered and reimbursable under AISTDF. | - Individual Fellow, or his/ her government/institution, is required to bear the following costs: | a) All expenses in the home country incidental to travel abroad, including expenditure incurred to obtain passport and visa and for medical examinations and vaccinations as may be required as well as other miscellaneous expenses such as internal travel to/ from the international airport of departure in the home country. | b) Salary and other related allowances in the home country, if applicable, during the Fellowship period. | - Neither the AISTDF nor the host institution in India will assume any responsibility whatsoever for the following expenditure of the Fellows during the tenure of the Fellowship: | a) Compensation in the event of death, disability, or loss of personal belongings or compensation for damage caused by climatic or other conditions. | b) Travel and other costs incurred by the dependents, who might accompany the Fellows.

💼 Business & EntrepreneurshipCentral

Assistance to Training Institutions Scheme

Under the scheme, assistance would be provided to the training institutions under the Ministry of MSME for creation, strengthening and expansion of infrastructure, including setting-up of new branches and centres.

💰Assistance under the Scheme: | Scale of Assistance to Training Institutions of the Ministry of MSME: | - The amount of assistance will not exceed the actual amount required for the creation or strengthening/expansion of the infrastructure of the training institution and meeting the revenue deficit, etc. of NI-MSME. | Scale of Assistance to State-Level EDIs: | - The maximum assistance under the scheme to a State level EDI will be restricted to ₹3.00 Crore in each case. This grant would be utilized for the development of physical infrastructure, equipment, faculty training, and development of capability for imparting skill development training related to the MSME sector. This grant would be over and above the grant, if any, received by that institution earlier under the ATI scheme. | - For the purpose of grant under this category, an EDI owned and controlled by a State Government/UT would be selected as recommended by the State Government. | Note: The assisted EDI shall be required to complete the construction within the given timeframe and shall have to furnish the utilization certificate of the assistance sanctioned within the period prescribed in the sanction letter. In the event of a delay in the completion of the project, an extension of the time limit will have to be obtained from the Ministry of MSME with justifications. | Scale of Assistance for Training Programmes: | - Assistance for skill development programmes under the scheme would be provided based on the duration of the NSQF-compliant training programmes (number of hours of training inputs). The cost of a training programme would be determined as per the following base rates notified by the Ministry of Skill Development and Entrepreneurship vide Notification No.H22011/2/2014-SDE-I dated 15.07.2015 as amended from time to time:- | - Category I Courses: ₹38.50 per head per hour of training. | - Category II Courses: ₹33.00 per head per hour of training. | - Category III Courses: ₹27.50 per head per hour of training. | - The first installment of the grant would be released in advance. The subsequent installments would be released based on the progress of the utilization of funds already released. | - Assistance for Training of Trainers (ToTs) programmes would be provided @ ₹60 per trainee per hour (or, the rate prescribed under the common norms/NSQF, whichever is less). | - Assistance for other types of training programmes would be decided based on the actual requirement in each case. | - The total amount of assistance to be considered for release as per the above rate will include the cost of overheads such as, motivation camps the for selection of eligible trainees, charges towards hiring of space and equipment (if any), electricity/water, stationary, man hour cost of deployment of project personnel, post-training follow-up activities, etc. | - The trainees would be expected to make their own arrangements for travel and stay during the training period. In case the residential facility is provided by the Training Institution, it may charge the same from the trainee (subject to common norms/NSQF). It would be permissible to dovetail the assistance under this scheme with facilities/benefits available under schemes of other Ministries/Departments/State/UT Governments etc. for reimbursement of travel, boarding, and lodging expenses and stipend, etc. However, it would be the responsibility of the Training Institution to ensure that there is no duplication and that assistance for the same purpose is not claimed under more than one scheme.

🎓 Education & LearningCentral

Assistance to Voluntary Organizations Working for Welfare of OBCs

The "Assistance to Voluntary Organizations Working for Welfare of OBCs" scheme aims to involve the voluntary sector in improving the educational and socio-economic conditions of the target group i.e. OBCs to upgrade skills to enable them to start income-generating activities on their own.

💰Financial support for skill development projects aimed at improving socio-economic conditions of OBCs. | - Simplified and transparent application and approval process. | - Regular monitoring and evaluation to ensure effective utilization of funds. | - Support for NGOs to enhance their capacity and expand their reach. | - Encouragement of self-employment and gainful employment for OBCs. | - Priority given to projects in backward districts and villages under SAGY. | Extent of Assistance: | - Government may cover up to 90% of approved project expenditure. | - PSUs or other organizations limited to 30% of project cost for skill development programs. | - First installment up to 75% on submission of necessary documents. | - Second installment on receipt of audited accounts and utilization certificates.

🤝 BankingCentral

Atal Beemit Vyakti Kalyan Yojana

The scheme “Atal Beemit Vyakti Kalyan Yojana (ABVKY)” was introduced by the Employees’ State Insurance Corporation (ESIC) on a pilot basis for a period of 2 years w.e.f. 01.07.2018 for providing relief to the Insured Persons (IPs) who have become unemployed.

💰The scheme provides relief to the extent of 50% of the average per day earnings of employees during their last employment. | - The relief amount to be paid up to a maximum of 90 days of unemployment (once in a lifetime) subject to conditions that the employee should have completed two years of Insurable employment and has contributed not less than Seventy-Eight (78) days in each of the three consecutive contribution periods. | - The IP will be eligible for Medical benefits as provided under the Act for the period he is availing this relief. | Note 01: The Insured Person should have been in insurable employment for a minimum period of two years immediately before his/her unemployment and should have contributed for not less than 78 days in the contribution period immediately preceding the unemployment and a minimum of 78 days in one of the remaining three contribution periods in two years prior to unemployment. | Note 02: Claim shall become due 30 days after the date of unemployment. Earlier this period was 90 days.

🏥 Utility & SanitationCentral

Atal Mission For Rejuvenation And Urban Transformation

Providing basic services (e.g. water supply, sewerage, urban transport) to households and building amenities in cities which will improve the quality of life for all, especially the poor and the disadvantaged is a national priority.

📋 BankingCentral

Atal Pension Yojana

Atal Pension Yojana (APY) is an old age income security scheme for a savings account holder in the age group of 18-40 years, who is not an income tax-payee. It helps to address longevity risks among workers in unorganized sector and encourages the workers to voluntarily save for retirement.

💰Upon exit on attaining 60 years | The subscriber shall receive the following three benefits on attaining the age of 60: | (i) Guaranteed minimum pension amount: Each subscriber under APY shall receive a guaranteed minimum pension of Rs. 1000/- per month or Rs. 2000/- per month or Rs. 3000/- per month or Rs. 4000/- per month or Rs. 5000/- per month, after the age of 60 years until death. | (ii) Guaranteed minimum pension amount to the spouse: After the subscriber’s demise, the spouse of the subscriber shall be entitled to receive the same pension amount as that of the subscriber,until death. | (iii) Return of the pension wealth to the nominee of the subscriber: After the demise of both the subscriber and the spouse, the nominee of the subscriber shall be entitled to receive the pension wealth, as accumulated till the subscriber's age of 60 years. | Contributions to the Atal Pension Yojana (APY) are eligible for tax benefits similar to the National Pension System (NPS) under section 80CCD(1). | Voluntary exit (Exit before 60 Years of age): | The subscriber shall be refunded only the contributions made by him to APY alongwith the net actual accrued income earned on his contributions (after deducting the account maintenance charges). | However, in case of subscribers who joined the scheme before 31st March 2016 and have received the Government Co-Contribution, shall not receive the same including the accrued income earned thereon. | For death before 60 years | Option 1: In case of death of the subscriber before 60 years, option will be available to the spouse of the subscriber to continue contribution in the APY account of the subscriber, which can be maintained in the spouse’s name, for the remaining vesting period, till the original subscriber would have attained the age of 60 years. The spouse of the subscriber shall be entitled to receive the same pension amount as the subscriber until death of the spouse. Such APY account and pension amount would be in addition even if the spouse has his/her APY account and pension amount in own name. | Option 2: The entire accumulated pension corpus till date under APY will be returned to the spouse / nominee.

🏥 Housing & ShelterCentral

AVYAY - National Action Plan for Senior Citizens: Health and Shelter for Senior Citizens

The scheme aims to improve the quality of life of Senior Citizens, particularly those who are indigent, by providing basic amenities like shelter, food, medical care and entertainment opportunities. The scheme provides financial assistance for projects such as maintenance of Senior Citizen Homes.

💰Grant-in-Aid (GIA) for Senior Citizen Homes (25 beneficiaries) | Annual recurring expenditure grants are provided based on the classification of the city (X, Y, or Z), ranging from ₹25,04,355/- (X Category) to ₹24,38,355/- (Z Category). | Grant-in-Aid (GIA) for Senior Citizen Homes (50 beneficiaries/50 elderly women only) | Annual recurring expenditure grants range from ₹42,11,228/- (X Category) to ₹41,12,228/- (Z Category). | Grant-in-Aid (GIA) for Continuous Care Homes (minimum 20 beneficiaries) | Annual recurring expenditure grants range from ₹30,77,310/- (X Category) to ₹30,11,310/- (Z Category). | Non-Recurring Grant for Senior Citizen Homes (25 indigent) | A grant of ₹3,09,105/- is admissible every five years, which includes the cost of Closed-Circuit Television (CCTV) cameras and website development charges. | Non-Recurring Grant for Senior Citizen Homes (50 indigent) | A grant of ₹4,12,140/- is admissible every five years. | Non-Recurring Grant for Continuous Care Homes (20 indigent) | A grant of ₹3,09,105/- is admissible every five years. | Funeral Expenses | Reimbursement of funeral expenses is provided at ₹10,000/- per person or the actual expenses incurred, whichever is less, in case of the demise of any inmate. | State Action Plan for Senior Citizens (SAPSrC) Funding | Financial support equivalent to 90% of the project cost is provided for admissible programmes proposed under State Action Plans. | Disbursal Mode, Frequency, and Conditions | - Grant-in-aid is provided through the E-anudaan portal and the Public Financial Management System (PFMS)/Expenditure, Audit and Tender (EAT) module. | - The total annual grant is released in two equal half-yearly instalments. | Conditions for Disbursement | - Recurring Grant-in-aid for Senior Citizen Homes is based on the number of days of attendance of beneficiaries as recorded through a contactless Information Technology (IT) system. | - The second half-yearly instalment is released only after the inspection report of the State Government, the officers of the Central Ministry, or the Project Monitoring Unit (PMU) is received. | Conditions for Continuation | - Implementing Agencies must maintain the standards laid down in the scheme guidelines. | - Implementing Agencies must use the Expenditure, Audit and Tender (EAT) module of the Public Financial Management System (PFMS). | - Implementing Agencies must provide live streaming of the institution's functioning via Closed-Circuit Television (CCTV) cameras on their websites/E-anudaan website. | - The assistance provided is subject to the Implementing Agency maintaining the institution in the manner prescribed in the guidelines and standards.

🎓 Sports & CultureCentral

Award Of Scholarships To Young Artists In Different Cultural Fields

The scheme “Award of Scholarships to Young Artists in Different Cultural Fields” was launched by the Ministry of Culture, Government of India.

💰Under the scheme, total number of scholarships is 400. | - Each scholar will be paid ₹5000/- per month for a period of two years to cover his/ her living expenses on travel, books, art material, or other equipment and tuition or training charges, if any. | - The scholarships are provided in the field of Indian Classical Music, Classical Dances, Light Classical Music, Theatre, Visual Arts, and Folk/ Traditional and Indigenous Arts.

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Awarding Teleeducation Scholarships To Afghan Students

The "Awarding Teleeducation Scholarships To Afghan Students" scheme under e-VidyaBharati Network Project, launched by the Ministry of External Affairs, offers 1000 annual scholarships to Afghan students for UGC-approved online UG and PG programs from Indian universities.

💰The scholarship amount covers the entire degree programme fee including: | - Tuition fees, | - Admission fees, | - Examination fees, | - E-content charges, | - Other charges like registration fee, re-examination, and award of degree, etc. | Note: | - The passed students are awarded Degree online and physical copies of degrees/certificates are also sent to Indian Mission in Kabul, and students need to collect from Indian Mission in Kabul.

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