PM Cares For Children Scheme

  • IASbaba
  • October 9, 2021
  • 0
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PM Cares For Children Scheme

Part of: GS-Prelims and Mains GS-II: Policies and interventions

In News: The Ministry of Women and Child Development has issued the detailed guidelines for PM CARES for Children Scheme.

Corpus of Rs. 10 Lakh:

  • A corpus of Rs. 10 lakh will be allocated to each of these children from the PM CARES fund.
  • It will provide monthly stipend from 18 years of age. 
  • On attaining 23 years, he/she will get the corpus amount.

Education to the Children (under 10 years):

  • Ensure admission to Kendriya Vidyalayas/ private schools.
  • PM CARES will pay for the uniform text books and notebooks
  • If the child is admitted in a private school the fees as per the RTE norms will be provided

Education to the Children (11-18 years):

  • The child will be given admission in any Central Government Residential School
  • In case the child is to be continued under the care of guardian, he/she will be given admission in the nearest Kendriya Vidyalaya/private school

Higher education:

  • Provision of either a scholarship equivalent to the tuition fees/ educational loans. 
  • Interest on the loan will be paid by the PM-CARES fund.

Health Insurance:

  • All children will be enrolled as a beneficiary under Ayushman Bharat Scheme 
  • The premium amount will be paid by PM-CARES till a child turns 18.

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