TN govt hikes cash incentive for class XII toppers

The Tamil Nadu government on Monday hiked the cash incentive offered to Class XII toppers in the state to Rs 50,000, Rs 30,000 and Rs 20,000, for the first three rank holders.

According to a state government release, Tamil Nadu Chief Minister M Karunanidhi on Monday met a total of 16 rank holders from the state, including the four toppers, and presented them cheques for the said amounts.

The cash incentives had been hiked from Rs 15,000, Rs 12,000 and Rs 10,000, respectively, for the rank holders, it said.

As part of a government scheme in vogue since 1996, the state government would also bear the educational expenses of these students for pursuing professional education, the release said.