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News: Union Minister for Agriculture and Farmers’ Welfare and Rural Development released scholarship and fellowship funds for agriculture students across the country through the National Scholarship Portal.
About National Scholarship Portal (NSP)
- The National Scholarship Portal (NSP) is a one-stop platform that provides a range of scholarship-related services, including student applications, application processing, approval, sanction and disbursement of scholarships.
- It has been implemented as a Mission Mode Project (MMP) under Digital India.
- Nodal ministry: The nodal ministry is the Ministry of Electronics and Information Technology (MeitY).
- Aim: It aims to provide a single platform for all scholarship-related services, from student application to the processing, sanction and direct disbursement of scholarships.
- Objective: It seeks to create a Simplified, Mission-oriented, Accountable, Responsive and Transparent (SMART) system for the faster and more effective processing of scholarship applications and the direct transfer of funds to beneficiaries’ accounts without leakages.
- Benefits
- Simplified process for students: It provides information on all available scholarships under a single platform and enables a single integrated application for different scholarships.
- Improved transparency: The system identifies and suggests scholarship schemes for which a student is eligible. It also helps reduce duplicate applications and processing to the maximum extent possible.
- Standardisation: It maintains master data on institutions and courses at the national level and also supports standardised scholarship processing.
- Decision Support System (DSS): It serves as a decision support system for ministries and departments by providing updated information whenever required.
- Monitoring and Management Information System (MIS): It provides a comprehensive MIS to monitor every stage of scholarship distribution, from student registration to the final delivery of funds.
