NEW DELHI: The Max New York Life Insurance declared its first I-genius scholarships on Monday, last week. Delhi girl, Shruti Bhardwaj, won the highest prize of Rs 20 lakh in the junior category (class III to IV), while in senior category (class VI to VIII), there was a tie. Siddharth Yadav from Bulandsheher and Nityashree Ramakrishna from Bangalore, shared the prize money in this category of Rs 20 lakh with Rs 10 lakh each.
The scholarship program, launched in February, this year, by Max New York Life Insurance in association with The Times of India, rewards children with brilliance in both academics and extra-curricular activities to promote all-round development of the child.
Organisers said that over 10 lakh children from 500 cities were enrolled in the scholarship program and evaluation was done through a four-stage process spread over 10 months. "In addition to their performance in tests that evaluated their all round skills, the third stage of the scholarship program entailed a live interaction with jury through video conference. Total 52 candidates appeared for the final evaluation at Siri Fort in the capital, of which three one from the junior category and two from the senior category - walked away with the prize. The 50 other finalists received scholarships worth Rs 1 lakh each,'' said the organiser. He added that jury included Derek O'Brien, Palash Sen and author Ruskin Bond.
Rajesh Sud, CEO and managing director of Max New York Life congratulated the winners at a glittering award ceremony. "The I-genius program was conceived to engage beyond business with the parent community to understand their needs and promote all round development of the children. We will continue to look at innovative engagement programs like this in future,'' Sud said.