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Dainik Bhaskar Group sets up ‘Dainik Bhaskar Merit-Cum-Means Scholarship’ at IIM-Ahmedabad

The MCM Scholarship is being established with a vision of promoting meritorious students who lack means to provide for their higher education.

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Ankita Madan
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Dainik Bhaskar Group on expansion spree

Dainik Bhaskar Group along with Ramesh & Sharda Agarwal Foundation announced the setting up of the “Dainik Bhaskar Merit-Cum-Means (MCM) Scholarship” at one of India’s premier business schools with a legacy of creating global leaders, the Indian Institute of Management (IIM) Ahmedabad, on the memorable occasion of the 75th birth anniversary of Late Shri Ramesh Chandra Agarwal.

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The MCM Scholarship is being established with a vision of promoting students who are meritorious, but lack means to provide for their higher education which is relatively expensive in India.

For this initiative, Dainik Bhaskar Group and Ramesh & Sharda Agarwal Foundation intend to donate Rs. 50 million over a period of 10 years initially, 4 students will be selected each year through a holistic selection approach based on merit and means, for up to 50% scholarship on tuition fee towards a 2-year course in MBA / MBA-FAMB stream.

The shortlisting will be based on 50% weightage given to a student’s academic merit while the balance 50% weightage to the family’s annual income of below Rs 15 lacs. In each batch, 1/4th of the Scholarship recipients will be reserved for female students

(We got this information in a press release).

Dainik Bhaskar Group
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