CBI To Probe Multi-Crore Pre-Matric Scholarship Scam

The CBI will now probe into the Centre’s pre-Matric scholarship scam spread across many states. "The scope of the scam" in the scheme, which has an annual budget of Rs 1400 crore, has compelled the Minority Ministry to handover the case to CBI. Allegedly the nexus of middlemen, bank employees and school staff duped the minority students by siphoning of the money into accounts of ghost and ineligible beneficiaries.