NATURE OF SUPPORT
(i) The scheme provides a consolidated monthly remuneration of Rs. 75,000/- p.m.
(ii) MKB-YRFP fellows in addition will receive a research/contingency grant of Rs. 20.00 lakh per year for hiring manpower, purchase of consumables, minor equipment, domestic travel and other contingent expenditure to be incurred for the implementation of research proposal selected for the fellowship.
(iii) Can engage one manpower (JRF/SRF/Project Assistant/Project Associate) under him/her. Capital equipment will be procured in the name of the institute where the fellow proposes towork and value of the whole set of the equipment should not exceed Rs.10.00 lakh.
(iv) MKB-YRFP fellows will be eligible for regular research grant through extra mural and other schemes of various S&T agencies of the Govt. of India, provided that Co-PI is a regular faculty. However, they can take research grant from anywhere but salary from only one source.