PM-YASASVI Scholarship Empowers IIM Raipur MBA Aspirations of Low-Income Student Aitipamula Ooha

For talented students from economically disadvantaged families, securing admission to a premier institution is a major achievement, but the cost of higher education can remain a significant challenge. Ms Aitipamula Ooha, a 26-year-old student from the Other Backward Class (OBC) community, is pursuing her Master of Business Administration (MBA) at the Indian Institute of Management (IIM) Raipur with financial support under the PM-YASASVI Scheme. Coming from a lower-middle-class family, Ooha grew up in circumstances where financial resources were limited.

Source

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Quick Revision

Prelims-testable facts

01Aitipamula Ooha is a 26-year-old student from the Other Backward Class (OBC) community.
02She is pursuing her Master of Business Administration (MBA) at the Indian Institute of Management (IIM) Raipur.
03The PM-YASASVI Scheme provides financial support to students from economically disadvantaged families.
04Ooha received ₹10.27 lakh in financial assistance under the PM-YASASVI Scheme in April 2026.
05The scholarship amount is disbursed as the student begins their academic session.
06The full tuition fee for an MBA program at IIM Raipur can be approximately ₹18-20 lakh.
07The PM-YASASVI Scholarship remains open throughout the year to apply, with a portal opening on 1st April every year.

Trap alerts

Most people think the PM-YASASVI Scheme only supports students from Scheduled Castes and Scheduled Tribes, but actually it also supports students from Other Backward Classes (OBCs).
Most people think the scholarship amount is disbursed at the beginning of the academic year, but actually it can be disbursed throughout the year as per the student's needs.
Most people think the PM-YASASVI Scheme only covers tuition fees, but actually it provides financial assistance for other educational expenses as well.

Current-affairs link

The Supreme Court has ruled that students from economically disadvantaged families have a right to education and that institutions must provide scholarships or other forms of financial aid to support their enrollment.

Prelims Practice MCQs

Multiple statementsmedium

Consider the following statements regarding PM-YASASVI Scheme: 1. The PM-YASASVI Scheme provides financial assistance to students from economically disadvantaged families. 2. Ms Aitipamula Ooha received ₹10.27 lakh under the PM-YASASVI Scheme in January 2025. 3. The cost of education for an MBA programme at IIM Raipur is approximately ₹1 lakh. How many of the above statements are correct?

A.Only one
B.Only two
C.All three
D.None

Statement-I is true because it directly matches fact #1. Statement-II is false because the date and amount contradict fact #4. Statement-III is false because it contradicts fact #3.

Statement I & IIhard

Consider the following two statements: Statement-I: Ms Aitipamula Ooha's MBA at IIM Raipur would have been unaffordable without the PM-YASASVI Scheme. Statement-II: She received ₹10.27 lakh under the PM-YASASVI Scheme to cover a significant portion of the ₹20 lakh cost of her MBA programme. Which one of the following is correct in respect of the above statements?

A.Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
B.Both Statement-I and Statement-II are correct but Statement-II is not the correct explanation for Statement-I
Statement-I is correct but Statement-II is incorrect

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