The Human Resource Development (HRD) Minister, Prakash Javadekar while addressing the convocation ceremony at Manipal University in Jaipur said that the centre will soon start a 'Prime Minister scholarship' for talented students.

Under the PM scholarship, the best 1,000 brilliant students will be given Rs 75,000 per month.

Here's what HRD Minister Prakash Javadekar said:

"We are starting the PM Scholarship, a note will go to the Cabinet soon (under which) best 1,000 talented students will get Rs 75,000 per month now," said Prakash Javadekar as reported in a recent IANS report.

Three reasons contributing to 'brain drain' in India:

Furthermore, Javadekar said there were three reasons contributing to the 'brain drain' in the country.

"I always wonder why our best of the best brains go to foreign countries, it is because they have three difficulties here. First, in foreign countries they get best of the best research labs, and then they get best of the scholarships so they can survive and maintain themselves, and then they get the best guidance.

"Now we are bringing all these three things together," he told IANS.

Study in India only:

  • Moreover, HRD Minister said that all those students who are planning to go abroad for advanced studies should stay back and study in India only
  • The Union Minister for Human Resource Development said it is the 'obligation' of every student to pay back to society and contribute their best for the development of the nation, DNA reported.

With Higher Education Financing Agency (HEFA), the ministry is leveraging Rs 20,000 crore which will be used in extending loans to the educational institutes "for creating research infrastructure here," Javadekar added.  

"So, we will have the best research infrastructure here also, so don't go there, come here for research," he said