In a first, 'Vande Mataram' to be sung from ramparts of historic Red Fort (See 'Corp Brief') National Handloom Designers' Conclave showcases Design-Led Innovation (See 'Corp Brief') A&C - Award is patently illegal and liable to be set aside if it ignores vital evidence, applies circular logic, or blocks party from presenting its case: HC (See 'Legal Desk') PM-YASASVI Scheme implementation in Maharashtra reviewed Regularly: Govt (See 'Corp Brief') PBPT - Routing of funds through company to appellant squarely attracts Section 2(9)(A) of the Act as property stood in name of benamidar while consideration emanated from beneficial owner: SAFEMA Tribunal (See 'Legal Desk') MoS calls for greater Private Sector Participation in Biotechnology Ecosystem (See 'Corp Brief') IBC - Right of Personal Guarantor to invoke insolvency provisions of Sec 94 of IBC is statutory right that cannot be extinguished merely because Financial Creditor has initiated recovery proceedings under SARFAESI: NCLT (See 'Legal Desk') Empowering Nari Shakti: 1 crore houses allotted to women (See 'Corp Brief') MoS dedicates to nation first-of-its-kind 'Eco-Educational Hub' (See 'Corp Brief') NI Act - Moratorium protects corporate debtor in respect of insolvency proceedings, but does not grant immunity to natural persons from criminal liability already incurred on account of cheque dishonour: HC (See 'Legal Desk') XI BRICS Culture Ministers' meeting concludes in Bhopal (See 'Corp Brief') A&C - If prima facie arbitration agreement exists and non-signatories have shown conduct aligning with contract, referral court should allow arbitrator to finalize list of parties based on detailed evidence: HC (See 'Legal Desk') Railways approves introduction of Daily Itarsi-Madan Mahal Passenger Service (See 'Corp Brief') A&C - Arbitral award is patently illegal if it is rendered in summary manner without allowing parties to lead evidence or be heard on critical pleadings: HC (See 'Legal Desk') 13th BRICS Education Ministers' meeting concludes with Declaration (See 'Corp Brief') IEPFA organises Stakeholder Engagement with Nodal Officers of Companies on Portal 2.0 (See 'Corp Brief') SARFAESI - Any tenancy created after issuance of notice u/s 13(2) without prior written consent of secured creditor, is void ab initio: HC National Handloom Day celebrates Tribal Weaves of India (See 'Corp Brief') SECL leads India in Scientific Mine Closure, Transforming abandoned Mines (See 'Corp Brief') IBC - RBI prudential norms stopping banks from recognising interest income on NPA accounts do not wipe out borrower's obligation to accrue & recognise interest expense in its own financial statements: NCLAT (See 'Legal Desk') Sowa-Rigpa must emerge as Globally Recognised Evidence-Based Healthcare System: Jadhav (See 'Corp Brief') Insurance Division, DFS secures 3rd Rank in Group A Category of Grievance Redressal (See 'Corp Brief') IPR - Registration of defendant's trademark does not bar passing off action where plaintiff establishes prior goodwill, misrepresentation and likely damage: HC (See 'Legal Desk') IndiaAI Mission organised AIKosh Univ Engagement Programme at Chitkara Univ (See 'Corp Brief') A&C - In international commercial arbitration seated in India, ground of ‘patent illegality' u/s 34(2A) is expressly excluded: HC (See 'Legal Desk') Comprehensive measures taken to boost digital infrastructure & cyber security: Jitin Prasada (See 'Corp Brief') Misc - A minor admitted to benefits of partnership firm is not personally liable for debts or liabilities incurred by firm during age of minority - ergo, bank communication declaring minor as wilful defaulter is invalid: HC (See 'Legal Desk') IPC showcases India's Regulatory Excellence at WHO Meeting in Nepal (See 'Corp Brief') Companies Act - Solely because a private bank carries on banking operations as scheduled bank or is bound to follow regulatory guidelines issued by the RBI, it does not acquires character of a statutory body: HC (See 'Legal Desk') GI & Beyond 2.0 Summit showcases India's GI-tagged Handloom and Handicraft Products (See 'Corp Brief') IPR - Test for 'efficacy' u/s 3(d) of Patents Act is not limited to 'therapeutic efficacy' for all substances: HC (See 'Legal Desk') CCI approves combination of many entities into InterGlobe Hotels (See 'Corp Brief') IPR - U/s 9(1)(a) of Trade Marks Act, correct legal test is whether applied mark possesses 'distinctive character', means if it is capable of distinguishing applicant's goods from those of others - YES: HC (See 'Legal Desk') House Panel deliberates on strengthening Human-Wildlife Conflict Mitigation through Technology (See 'Corp Brief') IBC - Private bank's commercial decision on debt assignment or settlement, even if regulated by RBI norms, remains private banking transaction and does not satisfy function test for writ maintainability: HC (See 'Legal Desk') PM-PRANAM Promotes Balanced Use of Fertilizer, Organic Farming (See 'Corp Brief') IPR - In absence of evidence showing acquired distinctiveness or secondary meaning, descriptive mark could not validly remain on Register: HC (See 'Legal Desk') On International Clouded Leopard Day, India strengthens Conservation through Dedicated Action Plan (See 'Corp Brief') Limitation - Single Judge rightly declined to exercise writ jurisdiction in a matter which essentially involves contractual obligations & involves disputed issues of fact: HC (See 'Legal Desk') Tete-a-tete around AI in banking sector often begins with algorithms (See CORP EINSICHT)

PM-YASASVI Scheme implementation in Maharashtra reviewed Regularly: Govt

Published: Aug 11, 2026

By TIOLCorplaws News Service

NEW DELHI, AUG 11, 2026: THE Central Government has stated that the implementation of the PM-YASASVI umbrella Scheme in Maharashtra is regularly reviewed through monthly video conferences as well as regional and national-level conferences.

The written reply was provided by the Minister of State for Social Justice and Empowerment B L Verma in response to questions by Bhaskar Murlidhar Bhagare, Supriya Sule, Prof Varsha Eknath Gaikwad, Mohite Patil Dhairyasheel Rajsinh and Dr Amol Ramsing Kolhe in the Lok Lok Sabha.

The PM-YASASVI umbrella Scheme comprises the Pre-Matric Scholarship Scheme for OBCs and others, the Post-Matric Scholarship Scheme for OBCs and others, Top Class Education in Schools for OBCs and others, and Top Class Education in Colleges for OBCs and others.

The Minister said that for the Pre-Matric and Post-Matric Scholarship Schemes, the Central Government provides funds to the implementing States and Union Territories on the basis of approved notional allocation, while selection, verification and disbursement of scholarships to eligible beneficiaries are carried out by the respective States and Union Territories.

Verma stated that Maharashtra was onboarded on the National Scholarship Portal for both the Pre-Matric and Post-Matric OBC Scholarship Schemes from the Academic Year 2025-26 onwards.

As per the information provided, during FY 2025-26, 1,079 applications were received under the PM-YASASVI Pre-Matric Scholarship Scheme for OBC, EBC and DNT students in Maharashtra. Of these, 1,072 applications were Aadhaar verified and 575 applications were verified.

Under the PM-YASASVI Post-Matric Scholarship Scheme for OBC, EBC and DNT students, 1,971 applications were received during FY 2025-26. Of these, 1,965 were Aadhaar verified and 576 applications were verified.

The Minister further stated that the Government released Rs.555.74 lakh to the State Government of Maharashtra under the Pre-Matric Scholarship Scheme for OBC, EBC and DNT students during 2024-25, increasing to Rs.1,940 lakh during 2025-26. No proposal was received from the State in FY 2023-24 and, therefore, no funds were released during that year.

For the Post-Matric Scholarship Scheme, no Central Assistance was released during the last three financial years. The reply stated that this was due to non-receipt of proposals in FY 2023-24, pending unutilised balance in the State's SNA account in FY 2024-25, and a technical issue in disbursing funds by the State Government of Maharashtra during FY 2025-26.

Under the Top Class Education in Schools Scheme for OBCs, EBCs and DNTs, 3,470 fresh applications were received in 2023-24, of which 2,324 were finally verified. In 2024-25, 2,192 fresh applications were received, with 1,195 finally verified. In 2025-26, 8,402 fresh applications were received, of which 4,533 were finally verified.

Funds released to Maharashtra under the Top Class Education in Schools Scheme increased from Rs.52.31 lakh in 2023-24 to Rs.258.55 lakh in 2024-25 and Rs.509.37 lakh in 2025-26.

Under the Top Class Education in Colleges Scheme for OBCs, EBCs and DNTs, 363 fresh applications were received and 342 were finally verified in 2023-24 . In 2024-25, 731 fresh applications were received, with 611 finally verified.

Funds released under the Top Class Education in Colleges Scheme increased from Rs.1,000.39 lakh in 2023-24 to Rs.2,712.14 lakh in 2024-25 and Rs.2,857.95 lakh in 2025-26.

The Minister stated that necessary corrective measures have been undertaken to address the issue of low scholarship coverage in Maharashtra. These include creating awareness about the Scheme among eligible beneficiaries, coordinating closely with educational institutions and district authorities to improve outreach, and regularly monitoring the application and verification process to ensure timely and accurate disbursal.

The Government has also stated that delays in disbursal mainly arise from incomplete proposals submitted by States/Union Territories, non-submission of Utilisation Certificates against funds already released, non-onboarding of certain States/Union Territories on the SNA-SPARSH platform and non-seeding of bank accounts with Aadhaar. States and Union Territories have been mandated to onboard the SNA-SPARSH platform to improve efficiency and transparency in fund disbursal through real-time, utilisation-based tracking of funds.

The Government continues to pursue timely submission of proposals and Utilisation Certificates through regional and national-level review meetings and video conferences, with a focus on improving outreach, verification and timely scholarship disbursal under PM-YASASVI in Maharashtra.

TIOL CORP SEARCH

TIOL GROUP WEBSITES