"A National Higher Education Fellowship Fund may be created, which will offer 10 lakh new fellowships annually for qualified students belonging to economically weaker sections to pursue higher study," the committee headed by former Cabinet Secretary TSR Subramanian has said in its report.
The Committee is satisfied that this step will improve equity and accessibility in the higher education sector, it added.
This represents around 200 scholarship schemes of the MHRD as well as other ministries, it said, adding it does not include the fellowships of other agencies like those in agriculture, defence, science & technology, CSIR etc..
"With the objective of encouraging merit and promoting equity, the Committee recommends the establishment of a National Fellowship Fund, primarily designed to support the tuition fees, learning material and living expenses for about 10 lakh students every year," the panel has said.
In addition to the on-going National Talent Search Examination being conducted by the NCERT at class 10 stage, the Committee recommends that there should be another national level talent search competitive examination at +2 level for all categories of students, and those who achieve prescribed criteria should be provided scholarships covering tuition fees, learning material and living expenses to pusue higher education.
The panel has also said that a separate national talent scholarship scheme to be administered after class 12 may be set up for meritorious of all categories selected through a national level examination.