Premji pledges Rs.2,250 crore for college education of girls
Bengaluru, May 16 -- Azim Premji Foundation has committed to giving Rs.2,250 crore over three years to help more girls complete their college education, making it the country's largest direct benefit transfer scheme by a not-for-profit private entity.
Under the initiative, a girl who has completed her standard X and XII from a government school can apply for the Azim Premji scholarship.
Billionaire and philanthropist Azim Premji's eponymous foundation, Azim Premji Foundation, would give Rs.30,000 a year to up to 250,000 girl students.
This translates to Rs.750 crore a year, which, over a three-year degree program, would total Rs.2,250 crore.
"The basic purpose of this is to allow girl children to complete their higher education," said Anura...
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