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Odisha govt releases Rs 14.34 cr to higher education institutions under ‘Gyanodaya’ scheme — diagram
Odisha’s Gyanodaya Scheme: Rs 14.34 Cr Released for Free Higher Education 2026-27 — Gyanodaya Scheme Fund Release 2026-27
Figure: Gyanodaya Scheme Fund Release 2026-27

✎ Odisha’s Gyanodaya scheme funds free education from KG to PG, reducing financial barriers via phased disbursements.

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Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance

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The Odisha government recently released ₹14.34 crore under the ‘Gyanodaya Shiksha Ru Samruddhi’ (KG to PG Free Education) scheme, the second instalment for the 2026-27 academic session, bringing the total disbursed amount to ₹23.90 crore. The funds, distributed through the Student Academic Management System (SAMS), cover 15% of the approved assistance for eligible higher education institutions, including state public universities, government colleges, and aided private colleges. The scheme ensures free education for students in regular UG and PG programmes, requiring them to pay only the examination fee, thereby reducing financial barriers and promoting inclusivity in higher education.

This initiative holds significance for aspirants of Bank PO, IBPS, SBI, RBI Grade B, and SSC exams as it reflects the government’s focus on social sector spending and education reforms, a key area often tested in these examinations. Questions may arise on the role of SAMS in fund disbursement, the scheme’s eligibility criteria, or its impact on Gross Enrolment Ratio (GER) in higher education, making it relevant for Polity & Governance sections. Additionally, the phased release of funds highlights fiscal prudence and implementation challenges, topics frequently discussed in RBI Grade B’s Economic & Social Issues (ESI) paper. Understanding such schemes helps candidates analyze government priorities and their socio-economic implications.

Source: orissapost.com


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