Now Reading: Reliance Foundation launches Rs 100-crore scholarship for 5,100 students
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Reliance Foundation launches Rs 100-crore scholarship for 5,100 students
Reliance Foundation launches Rs 100-crore scholarship for 5,100 students
The Reliance Foundation has announced a fresh scholarship fund of over Rs 100 crore for 5,100 undergraduate and postgraduate students, covering all expenses including hostel, food, stationery and laptops. The new Indian…
The Story in Brief
The Reliance Foundation has announced a fresh scholarship fund of over Rs 100 crore for 5,100 undergraduate and postgraduate students, covering all expenses including hostel, food, stationery and laptops. The new Indian Express reports that the UG and PG scholarships, launched five years ago, have so far benefitted over 22,000 students. Under the scheme, up to Rs 2 lakh for UG and up to Rs 6 lakh for PG students will be granted with no application fee, and the support includes mentorship and leadership development.
The scholarships aim to fund 5,000 undergraduate and 100 postgraduate students for the current academic year. Last year, 5,100 selected scholars came from 1,350 institutions across 27 states and seven Union territories. The PG scholarships recognise 100 exceptional students annually in future-ready disciplines such as engineering, technology, energy and life sciences. The Reliance Foundation, headed by Nita Ambani, is the philanthropic arm of Reliance Industries.
The Indian Opinion
This is a generous corporate handout, but the narrative that large private scholarships solve India's education crisis is lazy. What about the 30 crore students in primary and secondary schools who never reach college? A scholarship fund, however large, does not fix teacher absenteeism, crumbling infrastructure, or the perverse incentive to churn out engineers when the country needs plumbers and nurses. The real test: will the government match this corporate spend in its own education budget, or leave the public system to wither? If not, ask why the burden keeps falling on one family.
Source: newindianexpress.com
This story was synthesised by AI from the source linked above.
