If someone needs education loan for professional courses, higher education, then PM CARES will help in that too: PM Modi.

The students who lost their parents due to Covid-19 will get a monthly stipend of Rs 4,000 a month, as Prime Minister Narendra Modi announced on Monday. The monthly stipend will be disbursed under the PM Cares for Children Scheme, Modi said.

“If someone needs an education loan for professional courses or higher education, then PM cares will help. Rs 4,000 have also been arranged for them every month through other schemes for other daily needs,” he said.

“The youth from 18-23 years of age will get a stipend every month, and when they are 23 years old, they will get the amount of Rs 10 lakhs,” he added. Modi said PM Cares for Children reflected the fact that every citizen was standing with them. The prime minister said that if someone needed an education loan for professional courses for higher education under the scheme, then PM Cares would help in that too. Modi transferred scholarships to school-going children.

Also, a passbook of PM Cares for Children and a health card under Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana was handed over to children during the program.