Each qualifying student will get an award of Rs 5,000 in the form of fixed deposit for a period of five years. For implementation of this scheme, an amount of Rs 5000 lakh (Rupees Five Thousand Lakh) was provided in the financial year 2012-13.
Accordingly, some Lower Primary, Upper Primary, High School and Higher Secondary Schools have been selected as venues for the examination. For smooth conduct of the scholarship examination, classes in the respective schools will remain suspended on the two days.
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