Hindu College Alumnus Donates Rs 1 Crore for Scholarship

Hindu College Alumnus Donates Rs 1 Crore for Scholarship – Here is tremendous news coming right from Delhi University. As per this news, an alumnus of a very popular college from DU, Hindu College, donated Rs 1 crore for the scholarship of the students. He has given his amount to the scholarship foundation of the college to make it strong. He donated this amount to social sciences at the undergraduate level.

Hindu College Alumnus Donates Rs 1 Crore for Scholarship

The name of the student who gave this generous amount for the college development and to help the meritorious students is Mr Raj Bhargava. He is an IAS retired. former chief secretary, Home Affairs, Government of India.

During this inaugural year, 5 students were rewarded with scholarships. As said, all of them are UG-level students.

The exact statement of the college was “It must be noted that scholarships are renewable, motivating students to perform in an environment of opportunities and helping them shape a holistic personality. The allocation of scholarships was through a rigorous selection process comprising a college-wide written Merit Assessment Test (MAT) followed by an interactive session of shortlisted candidates with an expert committee,”.

With this generous contribution, a lot of prize distribution was done. The two students named Ayush Singh Rajpoot (History) and Gavish Lohat (Political Science) got prize money of Rs 75,000 and a tablet device each. The two runners-up students named Divya (History) and Vismay Vairagi (Economics) were rewarded with a laptop each. Lastly, a fifth student was also awarded a tablet device in recognition of his outstanding performance. These devices were given because they could help the students in their studies and performances in terms of productivity and better work.

Along with this, an addition to this news is that Delhi University Vice Chancellor Yogesh Singh has announced that the varsity has set up a not-for-profit company to promote innovation and encourage new startups.

This is done to encourage the start-up scenario in the industry along with encouraging the students who are interested in startups. He also added that another Section 8 firm will generate funds for the company is in the final stage. This is to make sure that the startups sustain a good period. Section 8 companies are generally those that are set up for charitable objectives and prohibit payment of any dividend to its members, as per the Companies Act, 2013.

Hindu College Alumnus Donates Rs 1 Crore for Scholarship