To promote interaction among students, scholars, academicians from SAARC countries, the Government of India has introduced the SAARC Fellowship and Scholarship Scheme. Six fellowships and twelve scholarships are offered annually to the nationals of member countries viz. Bangladesh, Bhutan, Maldives, Nepal, Pakistan and Sri Lanka. Therefore, one fellowship and two scholarships are offered to nationals of each member country.
Fellowships and scholarships are offered for studies in areas of Economics, Education, Environment, Agriculture, Mass Communication, Language and Literature, Sociology, Transport Engineering, Applied Economics, Master of Business Administration Program, Biochemistry, Social Work, Food Technology and Home Science.
In addition, one Chair is also awarded to a member country on rotation basis. Only such courses, for which no adequate facilities exist in the member countries, are offered for study by the Government of India. The financial terms and conditions are finalized by the SAARC secretariat.