Ministry: Ministry of Human Resource Development (HRD)
Aims to realize importance of innovation and technology for progress and development of the nation.
- The fellowship scheme was announced in the Budget Speech 2018-19.
- It will be implemented for period of seven years beginning 2018-19 at total cost of Rs. 1650 crore.
- Under it, best students who have completed or are in final year of B. Tech/Integrated M.Tech/M.Sc courses in Science and Technology streams will be offered direct admission in PhD programme in IITs/IISc. Change : Earlier only students from IISc/IITs/IISERs/ NITs/IIITs are allowed in this scheme. Now students from all institutes are eligible.
- Maximum of 3000 Fellows would be selected in three year period, beginning 2018-19.
- Monthly fellowship: Selected students through selection process laid down in PMRF Guidelines will be offered monthly fellowship of Rs.70,000 for first two years, Rs.75,000 for 3rd year and Rs.80,000 in 4th and 5th years.
- Research grant: Each selected fellow students will be also provided research grant of Rs.2.00 lakh for period of 5 years to cover their foreign travel expenses for presenting research papers in international conferences and seminars.
- Significance: The scheme will help tapping talent pool of country for carrying out research indigenously in cutting edge science and technology domains. The research undertaken by fellows under this scheme will address national priorities at one hand and shortage of quality faculty in premier educational institutions of country on the other.