Amarinder rejects Centre’s formula on SC scholarship scheme
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Amarinder rejects Centre’s formula on SC scholarship scheme

By Thetribune calender  09-Jul-2019

Amarinder rejects Centre’s formula on SC scholarship scheme

Rejecting as totally inadequate the new proposed 60:40 fund-sharing pattern of the Union Social Justice and Empowerment Ministry for the SC Post-Matric Scholarship Scheme, Punjab Chief Minister Captain Amarinder Singh has demanded restoration of the old sharing scheme, under which states had to finance about 10% only.
Till financial year 2018, the states were contributing a little over 10% of the total scheme amount of Rs 600 crore. However, the Centre had subsequently absolved itself of its share to put the entire fiscal burden on the states, raising their annual committed liability from Rs 60 crore to Rs 750 crore.
Against approximately Rs 75 crore, which the state would have been required to pay under the old sharing formula, it would now have to shell out around Rs 300 crore as it share of the scheme, said Captain Amarinder, adding that the resultant burden on states was huge.

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