Q14. Consider the following statements about Research Fellow Scheme:
1. Under the scheme, the top 3000 B. Tech graduates will get grants to puruse a PhD.
2. The scheme was announced by Union finance minister Arun Jaitley during his budget speech.
Which of the above statement/s is/are correct?
Research Fellows Scheme
1. Prime Minister’s Research Fellows (PMRF) scheme, under which the top 3,000 B.Tech graduates of the country will get grants to pursue a PhD in the Indian Institutes of Technology (IITs) and Indian Institute of Science (IISc).
2. Under this scheme, the best students who have completed or are in the final year of B.Tech or integrated M.Tech or M.Sc in science and technology streams in the IISc/IITs/NITs/IISERs/IIITs will be offered direct admission in the PhD programme in the IITs/IISc
3. The students, who would fulfil the eligibility criteria and get shortlisted through the selection process as laid down in the PMRF guidelines, would be offered a fellowship of Rs70,000 per month for the first two years, Rs75,000 per month for the third year and Rs80,000 per month in the fourth and fifth years
4. Apart from this, a research grant of Rs2 lakh each will be provided to the fellows for a period of five years to cover their foreign travel expenses for presenting research papers at international conferences and seminars.
5. The cabinet approved the scheme at a cost of Rs1,650 crore for a period of seven years, beginning 2018-19.
6. The scheme was announced by Union finance minister Arun Jaitley during his budget speech.