The Cabinet Committee on Economic Affairs (CCEA) has approved an investment of Rs 59,000 crore in the centrally-sponsored Post-Matric Scholarship Scheme. The Post-Matric Scholarship Scheme for Scheduled Castes allows students to pursue any course from class 11, with the government providing for the cost of education. While the Centre will bear 60% of the total cost of the scheme, which amounts to Rs 35,534, the rest will be shared by the State governments.
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