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Modi govt copies Shaadi bhagya; offers Rs 51k wedding bounty for graduate Muslim girls

coastaldigest.com news network
August 7, 2017

Bengaluru, Aug 7: Do you remember those days when Bharatiya Janata Party staged protests across Karnataka against chief minister Siddaramaiah-led Congress government’s ‘Shaadi Bhagya’ scheme which provided financial assistance of Rs 50,000 to brides of minority communities such as Muslims, Christians, Sikhs, Parsis, Jains and Buddhists in Karnataka? Now, the Prime Minister Narendra Modi-led NDA has come up with almost a similar scheme. Interestingly, this scheme is only for Muslims — not for all minority communities.

Christened as ‘Shaadi Shagun’, the Centre’s new scheme will provide a wedding gift of Rs 51,000 to “graduate” Muslim women. However, those Muslim girls who fail to complete graduation will be deprived of this bounty.

Currently, a website is currently being put up by Maulana Azad Educational Foundation where all details of the scheme would be made available. The Shaadi Shagun amount will be made available only to those graduate Muslim girls who have already received MAEF scholarships earlier.

Maulana Azad Educational Foundation, which works under the National Commission for Minorities, has decided to take this step to encourage Muslim women to opt for higher studies. MAEF says this scheme is tailored only for Muslim women and their guardians to egg them on to complete their studies at the college or university level.

Recently the MAEF, headed by minorities welfare minister Mukhtar Abbas Naqvi, held a meeting during which important decisions were taken vis-a-vis scholarships offered to Muslim women. Besides, it was also decided that a sum of Rs 10,000 would be awarded to Muslim girls studying in Classes IX and X. Up to now, only (Muslim) girls studying in Classes XI and XII were eligible to receive a scholarship of Rs 12,000 each.

MAEF treasurer Shakir Hussain Ansari said, “Girl children in a large part of Muslim society are deprived of higher education even today, often due to financial constraints. We mean to encourage girls and their parents and guardians to ensure that the students complete their graduation. Hence, we've decided on the Rs 51,000 wedding gift.”

“Though this isn't a large amount, we do believe it would be firm step forward in encouraging higher education among Muslim women,” he added.

Comments

Isra
 - 
Sunday, 3 Dec 2017

We need the money now to find a good groom also to pay for match maker..

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News Network
June 15,2020

Mangaluru, Jun 15: An Indian Army soldier hailing from Belthangady died in Mathura, Uttar Pradesh after he suffered a heart attack.

The deceased is identified as Sandesh Shetty (34), a resident of Barya. He was serving Indian Army for the last 14 years.

As per sources, Sandesh had resumed duties a week ago after returning from vacation. He was deployed at a quarantine center at Mathura and suffered a heart attack there.

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News Network
August 4,2020

Bengaluru, Aug 4: Janata Dal (Secular) leader and MLA Satyanarayana passed away today due to multiple organ failure. He was 67.

Satyanarayana was representing Tumakuru’s Sira constituency in the Karnataka Legislative Assembly. He is survived by five daughters and one son.

It is learnt that he was suffering from multiple organ ailments from the past few days and was recently admitted to Manipal Hospital in the city. He breathed his last at 12:20 p.m.

He contested from JDS and worked three times as MLA and 2 times as MP. He was the chairman of KSRTC during the coalition government led by HD Kumaraswamy.

Former Prime Minister HD Devegowda mourned his death and said, “It is a shock to hear the demise of former minister and my close friend. We are friends from the past 3 decades and I cannot recall the days without him.”

Karnataka Pradesh Congress Committee President DK Shivakumar said, “Satyanarayana was concerned for the farmers and he was a gentleman. Hearing the news hurts me and this is an irreparable loss to the political field.”

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News Network
January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

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