Dear Lakshya, it is a great commitment in itself to decide for taking a drop, and it means you are already a fighter! You are correct with the fact about the waiving off of the 75 percent minimum criteria for this year, however this might not be a case in the upcoming session of 2023, and the chances are quite low. You may either try reappearing for improvement of your score in boards if you are sure to take it up or try scoring better in the session 2 of Mains which is less likely to happen.

Till then you can keep checking the cbse official site for any notifications regarding the exam http://www.cbse.nic.in (http://www.cbse.nic.in/) , hope it helps.