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Mukhyamantri Medhabi Chatra Protshan Yojana (MMCPY)

Mukhyamantri Medhabi Chatra Protshan Yojana (MMCPY)

The Odisha government has introduced the Mukhyamantri Medhabi Chatra Protshan Yojana (MMCPY) to provide full financial support to SC/ST students with an annual family income of up to Rs 1 lakh who are pursuing medical (MBBS) and engineering (B Tech and M Tech) courses in state-run institutions. The scheme covers all course-related expenses, including admission fees, tuition fees, hostel charges, and study materials. District collectors will oversee the reimbursement process, and the state government has allocated a budget of Rs 3 crore for the 2023-24 fiscal year, with the possibility of additional funding if required. This initiative aims to promote equitable access to quality education and social inclusivity.

Facts/Terms for UPSC Prelims

  • Mukhyamantri Medhabi Chatra Protshan Yojana (MMCPY): This is the name of the scheme launched by the Odisha government to financially support SC/ST students pursuing medical and engineering courses.
  • Financial Year: A financial year is a 12-month period used for financial reporting and budgeting. In India, it typically runs from April 1st to March 31st.
  • Supplementary Budget: A supplementary budget is an additional budget allocated during the fiscal year to cover unforeseen expenses or changes in government priorities.
  • Reservation of Seats: Reservation refers to the practice of allocating a specific percentage of seats in educational institutions and government jobs to individuals from historically disadvantaged or underrepresented communities, such as government school students in this context.

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