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According to the latest statement by the HRD Minister, it will be Rs 75,000 per month scholarship, which would be given to 1,000 students (in higher education institutes and universities). Presently researcher-students get Rs. 25,000 as monthly scholarship at IITs. Two scholarships are awarded on the basis of the highest JEE rank with the condition that the parents income should not exceed Rs. 5,00,000/-, and one scholarship is provided on the basis of the all round performance in the previous school years.
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