Lucknow, June 1 (IANS)
The scholarship amount ranges from Rs. 25 a month to Rs. 740 a month for different classes and courses, according to a cabinet decision Tuesday.
"More than 15 million students will benefit from this decision, which entails an additional annual burden of Rs. 5 billion ($110.26 million) on the exchequer," an official spokesman said.
Critics of chief minister Mulayam Singh Yadav say the move will mainly benefit Yadavs and backward classes, who form bulk of his vote bank.
"The lion’s share will go to Yadavs followed by similar other well-to-do backward communities, who do not merit any financial support," Swami Prasad Maurya, a Bahujan Samaj Party leader, said.