Administrator
08 August 2026
Every body knows that education has the power to transform lives, particularly for students from economically and socially disadvantaged backgrounds. By providing financial assistance to deserving students, the Ministry of Social Justice and Empowerment claims to be enabling talented youth to pursue quality higher education and become agents of change within their communities.
One such inspiring story is that of Bishwajit Mondal, a 28-year-old student from a rural, tribal-dominated region of Jharkhand. His academic journey seems to have activated by the PM-YASASVI Scholarship Scheme.
Inquiry revealed that he grew up in a region where access to quality education, professional exposure and employment opportunities was limited. Bishwajit Mandol faced significant financial constraints. Belonging to the Other Backward Class (OBC) community, pursuing management education at one of India's premier institutions appeared to be an ambitious dream.
Against this backdrop, undeterred by these challenges, he worked tirelessly to secure admission to the Indian Institute of Management (IIM) Raipur for the 2024–26 Post Graduate Programme (PGP). Now, he has become the first individual from his community to achieve this remarkable milestone.
As it is, the cost of pursuing an MBA at IIM Raipur posed a major financial challenge for Bishwajit and his family. Through the PM-YASASVI Scholarship, the Ministry of Social Justice and Empowerment provided financial assistance covering the full tuition fee of approximately ₹18 lakh.
Mandol says that the timely support enabled him to continue his education without financial uncertainty and allowed him to devote his complete attention to academics and personal development.
Apparently, freed from financial pressures, Bishwajit actively participated in academic projects, leadership initiatives, skill development programmes and professional networking opportunities offered at IIM Raipur. These experiences strengthened are learnt to have helped him gain managerial capabilities and thereby significantly enhanced his career prospects.
Today, Bishwajit is understood to be well-positioned to build a successful professional career while serving as a role model for young students from rural and marginalized communities.
As the first person from his community to pursue an MBA from IIM Raipur, he hopes to inspire others to believe that education can overcome socio-economic barriers.
The scholarship has not only transformed his own future but has also empowered him to contribute towards the development of his community by motivating aspiring students to pursue higher education and achieve their full potential.
Bishwajit Mondal, PM-YASASVI Scholar
Reflecting on his journey, Bishwajit Mondal said:
"Receiving financial assistance under the PM-YASASVI Scholarship transformed my educational journey.
It removed the burden of financing my MBA at IIM Raipur and allowed me to focus entirely on learning, leadership, and skill development. Today, I am better prepared for a successful career and hope to inspire many more students from rural and marginalized communities to dream big and pursue quality education."
The success story of Bishwajit Mondal demonstrates how the PM-YASASVI Scholarship is expanding access to quality higher education for students from Other Backward Classes by removing financial barriers.
Through sustained investment in education,said a press statement issued by the Press Information Bureau, the Ministry of Social Justice and Empowerment continues to empower talented youth, promote inclusive development, and create future leaders who contribute to the nation's social and economic progress.
