The Centre has released around thirty eight crore, fifty-five lakh rupees to Karnataka under Post Matric Scholarship scheme to the students belonging to Scheduled Caste. About 48 lakh students are targeted to be covered during the year 2011-12 under the scheme across the country.
According to an official release, the Social Justice Ministry has allocatted over 6780 crore rupees so far to cover over 196 lakh beneficiaries in the Eleventh Five Year Plan. The Post Matric Scholarship is a single largest intervention by the Central government for educational development of scheduled caste students.