New scholarship for women at IIT Madras
Indian Institute of Technology Madras is partnering with Power Grid Corporation of India to launch a scholarship programme for meritorious BTech students from economically weaker sections.
The Power Grid Corporation of India is contributing Rs. 10.5 crore towards creating a scholarship fund as part of its Corporate Social Responsibility (CSR) initiatives.
This fund would support deserving students at IIT Madras, covering their tuition fees through merit-cum-means scholarships. This is the highest single contribution that IIT Madras has received for scholarships under CSR in the financial year 2021-22.
Prof V Kamakoti, director, IIT Madras said, “IIT Madras’ motto is to be an ‘Institute for all.’ Initiatives like the BSc degree programme and scholarships for deserving students, have made IIT Madras more accessible for everyone. The institute records its sincere thanks to POWERGRID. IIT Madras is also planning to expand such scholarships to all technical institutions across the country.”
VK Singh, director (personnel), Power Grid Corporation of India, said, “POWERGRID believes that scholarships can be one of the most direct ways to give back to the community. Due to increasing educational costs, students need financial assistance more than ever. Our Scholarship scheme demonstrates POWERGRID’s commitment to education and to future of upcoming generations. I believe that this scholarship will make a real, significant impact on the lives of the benefitted students.”
The ‘Power Grid Endowment scholarship’ fund has been created to provide scholarships for BTech students from economically weaker sections on a merit-cum-means basis.
The Power Grid Endowment Scholarship will help these bright young students to pursue their education without any economical barrier.
This one-of-its kind scholarship programme will carry a special focus on women students from economically weaker sections with an aim to encourage women in STEM (science, technology, engineering and maths).