- The Prime Minister’s Fellowship Scheme for Doctoral Research is a public-private partnership (PPP) between Science & Engineering Research Board (SERB), which is an autonomous body under the Department of Science and Technology (DST), Government of India, and Confederation of Indian Industry (CII).
- This scheme is aimed at encouraging young, talented, enthusiastic and result-oriented scholars to take up industry-relevant research.
- Under this scheme, the full-time PhD scholars get double the money that they would otherwise get for doing research.
- Maximum government fellowship in India at any academic or research institute is approximately Rs 36,400 per month, including House Rent Allowance (HRA) for SRF category. Under the Prime Minister’s Fellowship Scheme for Doctoral Research, the scholars get double the JRF/SRF as scholarship (as per applicable slabs). While one-half of this scholarship comes from the government, the second half comes from a partner company which also works closely with the candidate on the research project.