6% Interest Subsidy on Loans taken through Banks for Study Abroad
The scheme aims to reduce financial stress for ST students pursuing foreign education by providing up to ₹1,50,000 subsidy on interest for 3 years.
The "INSPIRE FACULTY FELLOWSHIP" component provides opportunities to 100 persons every year with Ph.D. qualifications in the age group of 27-32 years for 5 years to carry out research in both basic and applied science areas including engineering, medicine, agriculture, and veterinary sciences.
The "INSPIRE FACULTY FELLOWSHIP" component provides opportunities to 100 persons every year with Ph.D. qualifications in the age group of 27-32 years for 5 years to carry out research in both basic and applied science areas including engineering, medicine, agriculture, and veterinary sciences.
The "INSPIRE FACULTY FELLOWSHIP" component provides opportunities to 100 persons every year with Ph.D. qualifications in the age group of 27-32 years for 5 years to carry out research in both basic and applied science areas including engineering, medicine, agriculture, and veterinary sciences for establishing themselves as independent researchers. It grants an attractive fellowship for a duration of 5 years. The objective of the scheme is to encourage young researchers to continue research in areas of S&T, Medicine, Agriculture, Pharmacy, and Veterinary Sciences.
Purpose
1. To provide attractive opportunities for young achievers for developing independent scientific profiles and launch them toward fulfilling long-term careers.
2. To augment high-quality scientific manpower in scientific and educational institutions, especially the Central and State universities.
3. While vertical migration from the other INSPIRE components would be encouraged, the faculty fellowship component also provides the opportunity to meritorious candidates for lateral entry into INSPIRE scheme.
4. INSPIRE Faculty Fellowship provides an opportunity to post-doctoral fellows for carrying out independent research however does not guarantee a regular position after 5 years.
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> Amount
1. Each selected INSPIRE Faculty Fellow will be eligible to receive a consolidated amount of ₹1,25,000/- per month as a fellowship with an annual increment of ₹2,000/-.
1. In addition, a Research Grant of ₹7,00,000 every year for 5 years will also be provided to each successful candidate including the carry-forward amount, if any, from the previous year.
1. The consolidated amount of ₹1,25,000/- per month is an all-inclusive fellowship and taxable as per the Indian IT Act.
> Duration
1. The INSPIRE Faculty Fellowship is for a maximum period of 5 (five) years.
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Step 1: Online application
> Mode of Application 1. Eligible candidates need to submit applications ONLINE through the portal of INSPIRE program only. No other mode of submission of the application is permitted. 1. To apply ONLINE, please visit the website and follow the process described therein. After the successful submission of the application online, the candidate may obtain a printout of the application and keep it for his/her personal reference. > Method of Selection 1. The Indian National Science Academy (INSA), New Delhi, in coordination with DST, is implementing this INSPIRE Faculty Fellowship Scheme up to the stage of recommendation of candidates for INSPIRE Faculty Fellowship. 1. A three-tier selection process, viz. evaluation by discipline-based Expert Committees, followed by the recommendations of the Apex Level Committee and INSPIRE Faculty Award Council. Based on the recommendations of these Committees, DST makes the final selection. <br>
Every year, 100 candidates are awarded the fellowship.
The duration of the fellowship is 5 years.
Research in both basic and applied science areas including engineering, medicine, agriculture, and veterinary sciences.
The objective of the scheme is to encourage young researchers to continue research in areas of S&T, Medicine, Agriculture, Pharmacy, and Veterinary Sciences.
First Rank Certificate is required in the case of applicants who are not INSPIRE Scholars.
The full-form of NTRP is "Non-Tax Receipt Portal".
While vertical migration from the other INSPIRE components would be encouraged, the faculty fellowship component also provides the opportunity to meritorious candidates for lateral entry into INSPIRE scheme.
The following documents are required to be submitted upon selection for the fellowship - Duly signed "Undertaking from INSPIRE Faculty Fellow" Undertaking duly signed by both the competent authority from the chosen Host institution and the INSPIRE Faculty Fellow. Every Faculty Fellow needs to provide budget estimates with year-wise detailed break-up under various Heads such as manpower cost, consumables including chemicals, travel, contingency, overhead costs, etc. and non-recurring cost such as equipment for utilization of the Research Grant to the DST-INSPIRE Programme Division along with joining documents.
INSPIRE Faculty Fellowship provides an opportunity to post-doctoral fellows for carrying out independent research however does not guarantee a regular position after 5 years.
The Faculty Fellow needs to inform the DST-INSPIRE Programme Division immediately with the following documents to effect the change and smooth facilitation of the transfer of funds etc: Appointment Letter of permanent employment or justification for a change of Host Institution. NOC from the present Host Institute and Acceptance Letter from the new Host Institute. Joining Letter from the new Host Institute due to transfer or permanent employment (either the same or a different Host Institution), Fresh signed copy of the Undertaking (not required in case of permanent employment in the same Host Institution), Up-to-date financial documents from the present Host Institute (also in case of permanent employment in the same Host Institute).
To apply ONLINE, please visit the website: https://online-inspire.gov.in and follow the process described therein. After the successful submission of the application online, the candidate may obtain a printout of the application and keep it for his/her personal reference.
Applications are accepted only on the official government portal.
Open Official WebsiteThe scheme aims to reduce financial stress for ST students pursuing foreign education by providing up to ₹1,50,000 subsidy on interest for 3 years.
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This scheme provides education benefits by admitting top Adi Dravidar/Tribal Students into reputed private schools for Plus One, covering 320 students annually across districts.
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