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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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