Certifications & Scholarships

CERTIFICATIONS & *SCHOLARSHIPS*:

Three categories of “Applied Research” Certificates are being awarded by the RISHIS FOUNDATION:

  1. RISHIS (MINOR)* ‘APPLIED RESEARCH’ CERTIFICATE for One Paper completed in Six Months or One Semester.
  2. RISHIS (MAJOR)* ‘APPLIED RESEARCH’ CERTIFICATE for Two Papers completed in One Year or Two Semesters.
  3. RISHIS (ADVANCED)* ‘APPLIED RESEARCH’ CERTIFICATE for Four Papers completed in Two Years or Four Semesters.

TABLE OF CERTIFICATES AND EXPENSES **:

Sl No a.
Certificates		 b.
Semesters		 c.
Donation		 d.
Social Service**		 e.
Foundation Expenses**		 f.
Participants Expenses**		 g.
Guides Expenses**
1 Rishis (Minor)* One Semester 25,000/- 6,250/- 6,250/- 6,250/- 6,250/-
2 Rishis  (Major)* Two Semesters 50,000/- 12,500/- 12,500/- 12,500/- 12,500/-
3 Rishis  (Advanced)* Four Semesters 1,00,000/- 25,000/- 25,000/- 25,000/- 25,000/-

* The submitted applied research papers may fall into the following Degrees of Innovation:

  • Innovative
  • Very Innovative
  • Excellent
  1. Selected Papers will be hosted in the Web Portal in the related State/District and awarded Certificates as mentioned above.
  2. Participants publishing more than one paper (Minor) will progress to Major and Advanced, preferably in the same domain or area of research. This will facilitate the Advanced level participants to pursue PhDs in Universities in India or Abroad.
    Similar to the prefix of ‘Dr’ for a PhD scholar, the Advanced Level Applied Research Participants may be awarded the Title and prefix of ‘RISHI’ (*this is the first of its kind in the country).
  3. Donations made are distributed and used for actual expenses** only towards Social Service, Foundation, Participants and the Guides. The Donors can avail the benefit of 80G Tax rebate. Also the Donors brief Advertisement containing their Logo, Name & Address, Images and Web Link may be hosted on RISHIS web portal along with the selected Applied Research Paper pertaining to the State/District concerned.
  4. A list of Social Services has been already given by the Ministry of Corporate Affairs as furtherance of objects. The particular type of Social Service undertaken by RISHIS FOUNDATION will be highlighted on the web portal News Letter, as and when the Donations arrive.
  5. After the actual expenses ** of running the Foundation are done, the remainder will be routed to Social Service.
  6. Actual Applied Research expenses** of the Participants may be paid as per actual receipts/vouchers produced after successful selection of the Paper.
  7. Guides/Supervisors may also be paid on successful selection of an Applied Research Paper.

*SCHOLARSHIPS* AND AWARDS for exceptionally innovative Applied Research Papers will depend on the availability of funds and donations. The decision is to be made by the Board/Governing Council. Needy and eligible Students/Participants may also be encouraged with funding, to do Applied Research.
**EXPENSES: To be decided by the Board/Governing Council.

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