The central government has announced PM Research Fellowships (PMRF) for students of higher education institutions like the IITs, IISERs and NITs. This will be the country’s most lavish paid scholarships to date. The PMRF includes monthly scholarships of Rs 70,000 to Rs 80,000 and annual research grants of Rs 2 lakh for select scholars. The Centre has approved an allocation of Rs 1,650 crore for these fellows to be spent over three years.
Annually 1000 students can benefit from the scholarship.
Under the scheme, students who have completed or are in final year of B.Tech or integrated M.Tech or M.Sc. in science and technology streams at IISc, IITs, NITs, IISERs, IIITs will be offered direct admissions in PhD programmes in IITs and IISc.