KVPY meaning in General ?

Kishore Vaigyanik Protsahan Yojana (English: Young Scientist Incentive Plan) (KVPY) is a scholarship programme funded by the Department of Science and Technology of the Government of India, aimed at encouraging students to take up research careers in the areas of basic sciences. It offers scholarships and contingency grants up to the pre-Ph.D. level to selected students. Begun in 1999, it is administered by the Indian Institute of Science.The students who qualify in the KVPY Exam are eligible for a fellowship as well as admissions into institutes like the IISc and the IISER based on additional criteria. This exam has 3 Streams: SA (Class 11), SX (Class 12), and SB (First year BSc). Streams SP Basic Sciences (Class 11, 12 and First-year BSc, BTech) and SP Medicine (First-year MBBS) were discontinued since 2012-13. The KVPY application process consists of four steps: Registration, Application Form submission, Fee Payment and checking application Status.