Rs 1.32 cr spent under Mukhya Mantri Vidya Laxmi Yojana' for

A sum of Rs. 1.32 crore has been spent under 'Mukhyamantri Vidya Laxmi Yojana' meant to benefit SC/ST students in Palamau district in the fiscal 2015-16, official sources today said.
As per the scheme, all the SC/ST students studying in STD-VI would get Rs. 26000/- in their account, which can be withdrawn only when they are promoted to STD VIII, sources said.
The objective was to encourage students to continue their studies.
However, of the total 9391 such students in the district, sources said only 2782 students received Rs.2000/ each (total amount Rs.55,64,000/-) while the remaining students were deprived of the benefit due to the negligent approach of the concerned school authorities.

The District Superintendent of Education (Palamau), Ram Prasad Mandal said the 'casual' approach of the head masters of the schools could be responsible for the lapse in the financial year 2015-16.
Mandal, however, assured that initiative would be taken to check such incidents in future.