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Budget 2025: What is PM Research Fellowship, who gets it and how much money? Finance Minister made this announcement in the budget..

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Many big announcements were made for the education sector in the budget. Next year, 10,000 new medical seats will be added in the country. At the same time, 75 thousand more medical seats will be added in the next 5 years.
The article discusses the announcement made by Finance Minister Nirmala Sitharaman during the Union Budget 2025 presentation regarding the PM Research Fellowship (PMRF) scheme. The PMRF aims to attract top talent to pursue research in premier Indian institutions like IITs and IISc. Under this scheme, selected candidates receive a fellowship of Rs 70,000 to Rs 80,000 per month for the first two years, which increases to Rs 75,000 to Rs 85,000 for the next two years, and then to Rs 80,000 to Rs 90,000 for the final year. The fellowship is designed to encourage students to undertake PhDs in cutting-edge research areas, with the goal of fostering innovation and research excellence in India. The initiative not only provides financial support but also aims to create a robust research ecosystem by offering mentorship and resources to the fellows.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/economy/budget-2025-what-is-pm-research-fellowship-who-gets-it-and-how-much-money-finance-minister-made-this-announcement-in-the-budget/ar-AA1yevXr ]