Friday, June 05, 2009

Manipur to open Corpus fund for toppers

IMPHAL, Jun 4: To provide grant and incentive to schools as well as toppers of class X and XII examinations conducted respectively by the Board of Secondary Education, Manipur and Council of Higher Secondary Education, Manipur, the State Government has taken up steps to open a corpus fund of Rs 18 crores.

An official source said that for opening the corpus fund, a proposal would be placed before the Education Department to provide Rs 18 crore.

The amount would be deposited in the bank and the interest accrued would be utilised for giving grant and incentive to the toppers of class X and XII every year as well as schools which produce meritorious stu-dents.

Earlier the SPF Cabinet during a meeting on January 12 last had also taken a similar decision on extending grant and incentives to schools producing meritorious students. Subsequent to the Cabinet decision, Education Department issued an order on February 10 last.

In accordance with the said order, starting from this year students scoring 75 and above percentage in class X and XII are to be given a one time incentive amount Rs 5,000 each and Rs 3000 each to those who score 60 to below 75 percentage. Of this amount, Rs 1000 is to be given to the school management and another Rs 1000 to be given to the teacher concerned and the rest to be received by the student topper.

The order had also stated that along with selecting 300 students who score highest marks in class X and XII examination, each of the highest scorer in class X would be given a scholarship amount of Rs 6000 each for two years while the scholarship amount for the highest scorers of class XII would be Rs 12,000 each for three years.

Although the Government has started discussing the matter related to extension of these benefits to the meritorious students from this year as promised in the said order, it is yet to issue any instruction on selection of the highest scorers nor worked out anything on the financial amount to be required, the source added.

Source: http://www.thesangaiexpress.com

No comments:

Post a Comment