AP CM launches scheme to provide financial assistance to

Image
Press Trust of India Amaravati
Last Updated : Feb 24 2020 | 2:10 PM IST

: Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Monday launched yet another scheme named after him 'Jagananna Vasthi Deevena' under which a financial assistance of Rs 2,300 crore would be provided to students pursuing various post-Intermediate courses to meet hostel and mess expenses.

The Chief Minister launched the programme in Vizianagaram district in north coastal Andhra.

In all 11,87,904 students pursuing ITI, polytechnic, under-graduate and post-graduate education would benefit from the scheme, according to the Chief Minister's Office.

The total Rs 2,300 crore would be distributed to students in two instalments, in February and July every year, and credited directly into the bank accounts of the students' mothers.

While ITI students would get Rs 10,000 each, polytechnic students would get Rs 15,000 and under-graduates and post-graduates Rs 20,000 each, according to the CMO.

A unique bar-coded smart card would be issued to each beneficiary to draw the benefits of the JVD scheme.

The card contains complete details of the student.

The objective of the JVD scheme, according to the CMO, was to improve the gross enrolment ratio in higher education (post-Intermediate), which was just 23 per cent in the state right now.

The Chief Minister later inaugurated the 'Disha' police station in Vizianagaram, meant exclusively for the protection of women and children and deal with cases of atrocities against them.

Deputy Chief Minister Pushpa Srivani, Municipal Administration Minister Botsa Satyanarayana, Home Minister M Sucharita, Vizianagaram district Collector Hari Jawaharlal and others attended.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 24 2020 | 2:10 PM IST

Next Story