PM-CARES for Children' Scheme - Application & Apply
No:1. Prime Minister Narendra Modi on May 29, 2021
announced ‘PM-CARES for Children’ scheme to support children who have lost
their parents due to Covid-19.
No:2. While announcing these measures the Prime
Minister emphasized that children represent the future of the country and the
country will do everything possible to support and protect the children so that
they develop as strong citizens and have a bright future.
No:3. All children who have lost both parents or
surviving parent or legal guardian/adoptive parents due to Covid-19 will be
supported under ‘PM-CARES for Children’ scheme.
1. Fixed Deposit in the name of the child
PM CARES will contribute through a specially designed
scheme to create a corpus of Rs. 10 lakh for each child when he or she reaches
18 years of age. This corpus :
No:1. Will be used to giving a monthly financial
support/ stipend from 18 years of age, for the next five years to take care of
his or her personal requirements during the period of higher education.
No:2. On reaching the age of 23 years, he or she will
get the corpus amount as one lump-sum for personal and professional use.
2. School Education: For children under 10 years
No:1. The child will be given admission to the nearest
Kendriya Vidyalaya or in a private school as a day scholar.
No:2. If the child is admitted to a private school,
the fees as per the RTE norms will be given from the PM CARES.
No:3. PM-CARES will also pay for expenditure on
uniforms, textbooks and notebooks.
3. School Education for children between 11-18 years :
No:1. The child will be given admission to any Central
Government residential school such as Sainik School, Navodaya Vidyalaya
etc.
No:2. In case the child is to be continued under the
care of Guardian/grandparents / extended family, then he or she will be given
admission to the nearest Kendriya Vidyalaya or in a private school as a day
scholar.
No:3. If the child is admitted to a private school,
the fees as per the RTE norms will be given from the PM CARES.
No:4. PM CARES will also pay for expenditure on
uniforms, text books and notebooks.
4. Support for Higher Education :
No:1. The child will be assisted in obtaining
education loans for Professional courses/Higher Education in India as per the
existing Education Loan norms. The interest on this loan will be paid by the PM
CARES.
No:2. As an alternative, a scholarship equivalent to the
tuition fees/course fees for under-graduate/ vocational courses as per
Government norms will be provided to such children under Central or State
Government Schemes. For children who are not eligible under the existing
scholarship schemes, PM CARES will provide an equivalent scholarship.
5. Health Insurance :
No:1. All children will be enrolled as a beneficiary
under Ayushman Bharat Scheme (PM-JAY) with a health insurance cover of Rs. 5 lakh.
No:2. The premium amount for these children till the
age of 18 years will be paid by PM CARES.
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