Bhopal, July 3 — In a bid to recognize and reward the academic excellence of students, a total of 94,234 students in Madhya Pradesh will each receive Rs 25,000 to purchase laptops under the state's Talented Students Incentive Scheme. The event, set to take place at Kushabhau Thackeray Convention Centre on Friday, will witness the direct transfer of funds into the students' bank accounts by the Chief Minister, Mohan Yadav, as announced in a government statement.
The Chief Minister emphasized the state's commitment to honoring student talent through this initiative. "This year, an amount exceeding Rs 235.58 crore is allocated for the benefit of 94,234 students acquiring laptops," Yadav highlighted.
According to the state's school education department, the Talented Students Incentive Scheme facilitates a transfer of Rs 25,000 to students who secure 75 percent or higher in their Class 12 exams conducted by the Madhya Pradesh Board of Secondary Education, specifically for purchasing laptops. More than 500 students and teachers are expected to attend the event on Friday.
In the 2023-24 session alone, Rs 224.27 crore was disbursed to 89,710 students under this scheme. Having been operational since 2009-10, it has so far benefitted 4,32,016 students with a cumulative disbursement of Rs 1080.04 crore, an official noted.
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