FAST TRACK SCHEME FOR YOUNG SCIENTISTS
INTRODUCTION
The Department of Science and Technology, through Fast Track Scheme for Young Scientists, provides quick research funding to young scientists below the age of 35 years (relaxable by 5 years in the case of SC/ST/OBC, woman and physically handicapped category) to undertake independent research in newly emerging and frontier areas of science and engineering.
COURSE AND ELIGIBILITY
1. The applicant should possess any of the following degrees:-
(a) Ph.D in Basic Science (Life Science, Physical Science, Chemical Science, Earth & Atmospheric Science, Mathematical Science), Engineering/Technology, Medicine/Surgery, Pharmacy, Veterinary Science, Agricultural Science or equivalent.
(b) Masters degree in Engineering/Technology, Medicine/Surgery, Pharmacy, Veterinary, Agriculture or equivalent.
2. The candidate should be less than 35 years on the date on which the application is received in DST. However age relaxation of 5 years would be given to scientists belonging to SC/ST/OBC, Women and Physically Handicapped category.
CAREER PROSPECTS
for more details www.serc-dst.org
PAY PACKAGE
1. The funding is provided up to a maximum of Rs.17.00 lakhs (excluding overhead charges) for a period not exceeding three years. If the proposed objectives can be achieved in less than three years, the budget may be reduced accordingly.
2. Funds are provided for equipments, consumables, travel and contingency. Additionally, the applicant if not holding a regular position or not drawing any other fellowship/stipend/salary, can draw a fellowship amount of Rs.20, 000/- per month (all inclusive). The fellowship amount is taxable. In cases, where the applicant is holding a regular position, he/she can seek a manpower at junior level (JRF, Project Assistant, etc.)
3. Overhead Charges @ 20% of the project cost will be provided to the implementing institution over and above the project cost