Scholarship

Late Tarun Kumar Basu scholarship scholarship for 2nd year topper of Vivekananda Education Society’s Institute of Technology

Scholarship from this Trust:

Jadavpur University Alumni Association (Mumbai Branch) Trust was established in 1981 having registered under the Register of Societies Act 1860 & the Bombay Public Trust Act 1950 and approved by the Charity Commissioner of Maharashtra. It started with a modest amount donated by the members of our Alumni Association, NCE Bengal &Jadavpur University, Mumbai Branch & the industry.

The prime object of the Trust is to help & inspire needy & meritorious students of the country. Subsequently, over the years, it has grown with a fund around Rs 85 lakh +. This amount has come from the donations by the members of our Alumni Association & the industry/ corporate sector. The interests accrued out of the Trust fund are given away as scholarships to the students every year under the management of the Board of Trustee

Late Tarun Kumar Basu was an active member of the Alumni Association, NCE Bengal & Jadavpur University, Mumbai Branch. He was a graduate of 1952 of MechEngdept of JU and an active life member of JUAA Mumbai branch with an avid interest in academics of young engineers.

He started his career with Indian Iron and Steel company, Burnpur. Then he moved to Mumbai and joined Dorr & Oliver. He was actively involved in setting up Madras Refinery and BALCO and used his expertise in solid-liquid separation, sewage treatment and environment engineering application. He later joined Engineers India, Delhi and headed Mechanicalequipment, Rotating equipment and contract technology department. He handled many prestigious projects in his career ie, HBJ pipe line, Hindustan Zinc, NALCO, IPCL and also travelled to Australia, Singapore in the course of discharging his responsibilities. After his retirement in 1989 he moved back to Mumbai where he worked as CEO of H & G and as consultant to DCPL and Dorr-Oliver until 1994. Except for his stay at Delhi, he was resident of Sindhi Society, Mumbai right from 1960 to his last in 2012. He was an avid reader, knowledge seeker, a regular SUDOKU and Crossword puzzle solver. He also thoroughly enjoyed his game of Bridge.

Jadavpur University Alumni Association (Mumbai Branch) Trust established an annual scholarship of Rs 20,000/- for a second year topper from Technology faculty of Vivekananda Education Society’s Institute of Technology, Chembur. He is survived by his wife Chhanda, son Barun, Daughter-in law and a grandchild.

We feel honored to encourage a student from your esteemed institute from the fraternity feeling of our Trust.

For awarding the scholarship to the poor students the following criteria was considered:

• Income of the parents < Rs. 1.5 lacs
• CGPA of the considered student should be above 8 points

After scrutinizing the application forms 10 such students from II year were selected.

For the academic year 2020-2021, 3 scholarships are planned for 3 students of Vivekanand Education Society, for demonstrating academic brilliance amidst challenges. The following note contains details of 4 aspects of the scholarships, followed by the nomination form:

• Objective of the scholarships
• Criteria for scholarships
• Modalities of scholarships
• Process of awarding scholarships

Objective of the scholarships

Given the legacy created by Shri Ram G Keswani in the VES family, and the strong emphasis he laid on education, 3 scholarships are being created in his memory, supported by his family, aimed towards encouraging those students who are academically bright, and economically underprivileged.

Criteria for scholarships:

The following are the criteria for the scholarships:

• The student to be of 16 years or above, as on 31st July, 2020.
• The student is to belong to a family with an annual income lesser or equal to rupees six lakhs per annum (as verified by the respective college / institute, using income-related documents).
• The student is to have scored a minimum of 75% marks in the last two annual examinations.
• The student is to display high potential for future studies and academic growth – this is to be vetted by the respective Head of the Institute, and will be later verified by the interacting panelist/s, at the time of selection.
• Demonstrated capacity for social service would be an additional and welcome criterion but would not be compulsory for nomination.
• Preference will be given to those students who are not already availing of any other economic-criteria linked scholarship of the VES trust, educational institute, government, NGO, or any other such organization.

Modalities of scholarships:

• Each scholarship would comprise a certain monetary amount, a rotating trophy and a certificate.
• The scholarship amount would be disbursed either as fees directly to the respective institute of the selected student, or in some appropriate manner, after consultation with the respective Head of the Institute.
• An institute may have more than 1 winner, although the attempt would be to have the 3 winners from 3 different institutes.
• There would be no hierarchy amongst the winners; all are at the same level inasmuch as the scholarships are concerned.
• Each winner would be entitled to keep their respective rotating trophy for a year, and would submit, with the help of their respective institute, if need be, a suitable security deposit for the same.

Process of awarding scholarships::

• Invitation sent from VESLARC to respective VES institutes, inviting 2 nominations per institute: July 7th, 2020
• Filled-in, signed nomination forms, and accompanying letter or email of Head of Institute to reach VESLARC by: 6 pm, Friday, 31st July, 2020, at veslarc@gmail.com (soft copy) and to anushka.punjabi@ves.ac.in
• All documents and nominations to be vetted by the Heads of the respective institutes
• All nominations to be sent by the Institute to VESLARC; no self-nominations by students
• Nominees to interact with external panelists in the first week of August (date to be announced later)
• The most deserving 3 students would be chosen as the scholarship awardees.
• The programme for handing over of the trophy and certificate would be on the same day as the VES Shreshthta Awards, i.e. 17th October in 2020
• The scholarship amount would be disbursed either before the programme, if need be, in consultation with the respective institute, or later, as the case may be.
• After the programme, posters with the photo of Shri Keswani-ji, the scholarships in his name, and the first three winners of these, may be created and distributed in the institutes, and online, as part of the awareness-building process for future years.

1. Application Process

• Finalise application form based on the suggestions from the 3 Principals of VES colleges
• Once the application form is reviewed and finalized by Tulsiani team and VES team, the application form needs to be shared with Students based on the below key criteria
• Economic status – Family income
  • VES IT – Family income to be less than Rs.3L
  • VESCOP – Family income to be less than Rs.6L
  • VES Degree college – Family income to be less than Rs.1.5L
• Academic Performance – VES Principals need to get back on the Academic performance criteria for their respective colleges
• Academic Year – Scholarship to be given only from 2nd Year onwards
• Along with application form, student need to submit proof of address and family income proof
• VES team to meet with the students and verify and confirm the details
• VES team to consolidate the list of application and prepare a summary sheet with key parameters
• Name of the Student
• Course at VES with Year
• Academic Performance of the previous exam
• Recommendation of the VES Principal
• VES to submit all the above details to Tulsiani group

2. Selection Process

• Tulsiani team to review the details and together with VES team close on the list of students to whom Scholarship will be given. This will also include the scholarship amount.
• Tulsiani team and VES team to mutually decide on the date when the scholarship will be given.
• Once the list is finalized, VES team to accordingly inform the respective students on the Scholarship amount and date when they will get the scholarship.

% of scholarship amount will also be based on the fees of the course

3. Distribution Process

• Tulsiani and VES to jointly decide on a date and arrange a small function at VESIT seminar hall, where the cheques will be distributed to all the selected students of the 3 VES colleges
• Invitees to the function – Tulsiani key people, VES key people, the students who are receiving scholarship, few parents who would like to come, faculty of the institute
• Photographs of the function to be shared later with Tulsiani team.