CAG of India suspects fraud in Odisha scholarship program

Recently, the CAG of India has presented a report which provides a high probability of frauds Post Matric Scholarship offered by Odisha. The PMS scholarship is offered by two different departments of the government of Odisha. It is given to students studying in school to provide them financial support. As per the report, there has been a crowd of Rs.15.3 crores. More than 30 institutes that received recognisation from the scholarship fund did not have the eligibility to be recognised as institutions. But more than 5000 students have been granted the scholarship amount irregularly. Upon the physical verification of these institutions, it was found out that many of these institutions were not even in existence.