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This scholarship is awarded to students from fourteen regions including the likes of India, Pakistan, Australia, Canada, Southern Africa (which covers South Africa, Botswana, Lesotho, Malawi, Namibia and Swaziland) and also the US. This year, five Indians (namely Sujit Thomas of St Stephen's College, Akul Dayal of IIT Delhi, Nikita Kaushal from University of Pune, Amit Kumar from IIT Roorkee, Vrinda Bhandari of National Law School).

These students can now pursue post-graduate education at the University of Oxford under this award, which was established in 1902.

How is this award better known?

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In Jan 2017, Finland became the first country in Europe to officially experiment with this socio-economic concept. Similar experiments are scheduled for many Dutch cities and the Canadian city of Ontario in 2017. In the case of Finland, the figure is 560 Euros a month. What concept?

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