In Next Generations Manan Ahmad points to some new scholarships for graduate studies about South Asia and among them:
"Applications are sought for the Ambedkar Sanskrit Fellowship at Columbia University in the City of New York. This is a five-year award covering tuition and stipend. One fellowship will be awarded for the academic year 2010-11 (deadline for application to the Department of Middle East, South Asia, and African Studies is January 4, 2010), and, it is anticipated, two more in each of the following two years. Applicants are expected to have completed work at the Master’s level prior to admission. Preliminary inquiries, including a brief statement of purpose explaining what the applicant intends to study and why that course of study, may be directed to Sheldon Pollock, firstname.lastname@example.org"
P.S. From google search, I see that Ambedkar not only learnt Sanskrit in his later years (apparently his teachers refused to teach him in school and he studied Persian instead) but also advocated Sanskrit as a national language for India. I have been off and on looking at science writing in Telugu and technical dictionaries in a few Indian languages. Finding systematic terminology for science writing seems to be a problem and it seems easier to borrow from Sanskrit. I wonder whether Sanskrit can play a role similar to Latin for unifying scientific terminology for Indian languages.