The Kishore Vaigyanik Protsahan Yojana (KVPY) is a National Programme of Fellowships in Basic Sciences, initiated and funded by the Department of Science and Technology, Government of India, to attract exceptionally talented and highly motivated students for pursuing Basic Science courses and Research Career in Science.

The Department of Science and Technology of the Government has entrusted the overall responsibility for organizing and running the KVPY Programme to the Indian Institute of Science, (IISc) Bangalore.

The selection of students is made from those studying in XI/XII/ 1st year in any Under Graduate Program in Basic Sciences B.Sc./B.S./B. Stat./B. Math./Int. M.Sc./ M.S. in Mathematics, Physics, Chemistry and Biology having Aptitude for Scientific Research. Special groups / committees are set up at IISc to screen the applications and conduct an Aptitude Test at various centres in the country. Based on the performance in the Aptitude Test, short-listed students are called for an interview which is the final stage of the selection procedure. For receiving a fellowship, both Aptitude Test and interview marks are considered.

The students who qualify KVPY Examination are eligible for the Fellowship. The students receive fellowship from Ist year onwards of their graduation. The KVPY Fellows receive Rs. 5000 monthly fellowship from Ist to 3rd year of B.Sc/B.Stat/ B.S./B. Maths/Integrated M.S./M.Sc and an Annual Contingency Grant of Rs. 20,000. After three years the fellowship is enhanced to Rs. 7,000 per month during M.Sc/4th & 5th year of Integrated M.S./M.Sc and an Annual Contingency Grant of Rs. 28,000. Department of Science and Technology (DST) has decided to subsume KVPY with INSPIRE-SHE