With the spirit of giving back to society , which Rajkamal Sir always practiced and preached, and as a beneficiary of that spirit , this is our time to make a difference for students.
1. As per the survey results , Scholarship basis merit and means had a largest mindshare and the same was agreed yesterday (9.6.2021) as well. Abhay Sir also suggested to look at awarding gold medal to topper , which we would need to deliberate .
2. While Abhay Sir would discuss with VC Sir today to see how the funds can be channelized to University for this Noble cause , more feasible model is that we go ahead and create a society on Rajkamal Sir's name , which would be owner of the funds and then DAVV Institute would only give the names of students with bank account details for fees disbursement.
3. It was also discussed that the number of students to be given scholarship would finally depend on the amount of funds collected. Taking into account 40k annual fees and 5% bank interest in Fixed deposit , it would take 8 lakhs funds for one scholarship , if we want to give 3 scholarship amount would be 24 lakhs and if we give it to students of both Ist and 2nd year , amount would be 48 lakhs . This is close to target amount of this fund raiser (50 lakhs).
This fund raiser is active now , I would request all of you to participate in the meeting on Saturday (12.6.2021 ) and also participate in this fund raiser so that we can make a small contribution to realize the dreams of our beloved Rajkamal Sir.