Chief Minister Y.S. Jagan Mohan Reddy will release funds for the Jagananna Vidya Deevena scheme by pressing a button at a function near the market yard at Thiruvuru. With that one click, he will be transferring Rs 698.68 crore to around 9.86 lakh students towards the October-December 2022 quarter directly into the bank accounts of mothers of students.
Officials said that under the scheme, which is endeavoured to provide higher Education to student from poor families, the is reimbursing total fee on a quarterly basis to mothers of students pursuing ITI, polytechnic, degree, engineering, medicine and other courses, without any limit on number of eligible children in a family. It also provides for boarding and lodging expenses. As per the break-up, an assistance of Rs 20,000 is extended to students pursuing degree, engineering and medicine Rs 15, 000 for polytechnic students and Rs 10,000 to ITI students in two instalments. The second tranche of Jagananna Vasathi Deevena for this year will be deposited on April 11.