To stop India's top brains from leaving the country in search of better opportunities, the Narendra Modi Cabinet has approved hundreds of lavish scholarships.
Under the PM Research Fellowships (PMRF), 1,000 selected B.Tech students will get monthly scholarships of up to Rs. 80,000 for pursuing PhD at IITs and IISc.
Rs. 1,650cr has been allocated towards this scheme for seven years. Here's more.
In context: Government announces lavish scholarships to fight brain drain
09 Feb 2018Govt offers tech scholarships of Rs. 80,000/month to fight brain-drain
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DetailsAll details of the scholarships under PMRF
Shortlisted students will be offered a monthly scholarship of Rs. 70,000 for the first two years, Rs. 75,000 for the third year and Rs. 80,000 for the fourth and fifth years.
Additionally, they will get Rs. 2L each as research grant, including travel expenses for presenting papers at international platforms.
They will also be exempted from Masters and can start PhD directly after B.Tech.
