PM CARES for Children- Scholarship for PM CARES Children

PM CARES for Children Scheme aims to provide financial assistance to support such children who have lost both the Parents or legal Guardian or Adoptive Parents or Surviving Parent to COVID-19 Pandemic

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PM CARES for Children Scheme- Relevance for UPSC Exam

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PM CARES for Children Scheme in News

Recently, Prime Minister Shri Narendra Modi released benefits under PM CARES for Children Scheme via video conference.

PM CARES for Children Scheme

About: PM CARES for Children Scheme is an initiative to provide financial assistance to support such children who have lost both the Parents or legal Guardian or Adoptive Parents or Surviving Parent to COVID-19 pandemic.
- Prime Minister of India has launched the PM CARES for Children Scheme on 29th May, 2021.
Objectives: Objective of the PM CARES for children scheme is-
- To ensure comprehensive care and protection of Children in a sustained manner, and enable their wellbeing through health insurance,
- Empower them through education and
- Equip them for self-sufficient existence with financial support on reaching 23 years of age.
Associated Ministry: Ministry of Women and Child Welfarehas been entrusted with the responsibility of anchoring the PM CARES for Children scheme, in collaboration with stakeholder Ministries, States and District Administration.
Funding: PM CARES for Children Scheme is a central sector scheme.
- It means that central government would provide 100% funding for the PM CARES for Children Scheme.

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PM CARES for Children Scheme Benefits

If someone needs an education loan for professional courses or higher education, then PM-CARES will help in that too.
For other daily needs, arrangements have also been made for 4 thousand rupees every month for them through other schemes.
Rs 10 lakh will be given on attaining the age of 23 years.
Children will be given health coverage through the Ayushman Card and emotional counselling through samvad helpline for psychological and emotional help.

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Scholarship for PM CARES Children

About: It was launched to provide scholarship assistance to such Children who have lost both the Parents or legal Guardian or Adoptive Parents or Surviving Parent to COVID-19 pandemic to continue their education without any hindrance.
Implementing Ministry: Scholarship for PM CARES Children is being implemented by the Ministry of Social Justice and Empowerment in line with the PM CARES for Children scheme.
Funding: Scholarship for PM CARES Children is a central sector scheme.
Associated Benefits: Under Scholarship for PM CARES Children, an allowance of ₹20,000/- per child per annum would be provided. It will cover the entire school fees, cost of the books and uniform, shoes and other educational equipment by providing-
- Monthly allowance of ₹1,000 per month and
- Annual academic allowance of Rs. 8,000.
Eligibility: The Scholarship will be disbursed through DBT to the Children from Class 1std until they pass out the 12 std Class.
Performance: 3945 Children have been benefited under the Scheme with an amount of ₹7.89 crore during 2022-23.