PM Cares For Children Scheme

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.