Do I get any scholarships for clearing NTSE Stage 1?

No, you will not be eligible for a scholarship if you only pass NTSE Stage 1. To be eligible for a scholarship, you must also pass Stage 2. Passing NTSE stage one will make you eligible to appear for NTSE stage two. After passing stage two, you will be awarded a scholarship of approximately Rs. 1250

Students clearing stage 1 do not get any scholarship, they only get chance to clear stage 2 exam. Scholarship is provided when you clear both the stages of NTSE exam.