Does the student get a stipend while doing PG studies in Germany for a Postgraduate/Master's?

Yes, many postgraduate students in Germany receive a stipend if they are awarded a scholarship or funding.

For master's programs, scholarships such as the DAAD Study Scholarship typically offer a monthly stipend of around €992. Other scholarships may provide €300 - €1,000/month, depending on the program and eligibility. Some also include benefits like health insurance or travel allowances.

You will need to secure a scholarship to receive a stipend during your postgraduate studies in Germany.