JOIN USDakshina Kannada Automobile and Tyre Dealers’ Association has instituted the ‘Auto Vidya Scheme’, an innovative welfare measure to provide scholarship to the children of its members’ employees to pursue higher education.
The scheme was formally instituted on the occasion of 34th annual general meeting of the Association.
As per the terms of the scheme, meritorious students who are children of employees will be eligible to get full college fees to pursue pre-university, graduation or polytechnic diploma studies. The scheme come into effect from the coming academic year itself, said a release.
Further, the scheme has been named ‘Auto Ratna Maroor Padmanabha Pai Auto Vidya Scheme’ in memory of the Association’s past president Late Maroor Padmanabha Pai, who had donated an amount of Rs 40,000 as his last wish for initiating a welfare programme under the Association banner.
After his demise, his family members contributed an additional amount of Rs 1 lakh to start a corpus for an educational scholarship scheme. Subsequently, the Association decided to formulate a long-term funding mechanism of its own in order to make this scheme a perpetual programme.
In the last eight years, the Association has been felicitating children of members and employees. This year, 18 students were felicitated with certificates and cash awards for their performance in SSLC and pre-university examinations. The Association also conferred the ‘Lifetime Achievement Award’ on Pangal Rabindra Nayak, an industry veteran and former managing director of Hanuman Transport Co Ltd, Udupi, for his extraordinary contribution to automobile trade in the region, said the release.