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    Home»Employee Benefits & Welfare»Tata Steel extends financial lifeline to employee families with millennium scholarship
    Employee Benefits & Welfare

    Tata Steel extends financial lifeline to employee families with millennium scholarship

    HRK News BureauBy HRK News BureauDecember 28, 20232 Mins Read15189 Views
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    Tata Steel is inviting applications for its 2022-2023 millennium scholarship programme, offering financial aid to children, spouses, and former associates of its employees and officers. This generous initiative underscores the company’s commitment to employee well-being and social mobility, aligning with its values of inclusion and growth.

    With a total of 360 scholarships available, the programme caters to diverse needs within the Tata Steel family.

    Category A grants, valued at Rs 50,000 annually, are awarded to 120 meritorious students across prestigious institutions, including medical colleges. Applicants must secure admission through qualifying exams such as NEET and maintain a commendable academic performance.

    Recognising the importance of inclusivity, 10 per cent of the scholarships are reserved for SC and ST candidates. Additionally, 60 scholarships cater specifically to families of personnel participating in the employee stock scheme or voluntary retirement scheme.

    Category B offers broader support with 240 scholarships of Rs 24,000 per year. This category includes children of officers and beneficiaries of the Sunhari Bhavishya Yojana, a welfare programme for retired employees. Applicants need at least 50 per cent marks (60 per cent for general category) to qualify.

    The application deadline is February 29, 2024, and the online process ensures accessibility. With transparency in selection and a stringent performance requirement for continued support, the scholarship programme demonstrates Tata Steel’s commitment to nurturing excellence and empowering future generations.

    employees families millennium scholarship Sunhari Bhavishya Yojana Tata Steel
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