The Punjab School Education Board (PSEB) on Tuesday decided that all Class-12 students making it to the merit list would be awarded a cash prize of Rs 1 lakh each. A similar scheme is already being implemented for Class-10 students.
The board approved a budget of Rs 300.17 crore for 2015-16 against its proposed income of about Rs 257 crore. The PSEB is set to face a deficit of about Rs 43 crore this financial year (it was Rs 47 crore in 2014-15).
The board plans to spend the budget mainly on welfare projects related to students. It was also decided that there would be no increase in the examination fee for classes 10 and 12.
In another significant decision, the board plans to go online for admissions to classes 10 and 12. It is proposed that the procedure related to affiliation, applying for change in names, certificates, books and other related issues would also be conducted online.
Commenting on the budget approved, PSEB chairperson Tejinder Kaur Dhaliwal said, "Our focus during the upcoming academic session would be on involving more scholars to make changes in the syllabi for classes 10 and 12. Also, we will lay more stress on curbing cheating in board examinations."
No change in examination fee for both classes 10 and 12.
Rs 2 crore to be spent on making changes to books of classes 10 and 12
Rs 30 lakh to be spent on making the process of admission, affiliation etc. online
Rs 25 lakh for overall welfare of students
Rs 5 lakh for welfare of disabled students
Rs 5 lakh to be spent on curbing cheating in board examinations.