Himachal govt to launch scheme to give education loan to poor students on 1% interest ...Middle East

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Himachal govt to launch scheme to give education loan to poor students on 1% interest
source : Devdiscourse ( Middle East ) () 82
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Monday said the 'Mukhyamantri Vidyarthi Protsahan Yojna' providing educational loans to underprivileged students at the rate of one per cent to enable them pursue higher and professional studies will be launched in the current financial year. The state government has proposed Rs 200 crore under the scheme which aims to provide eligible poor children (families having income of less than Rs 3 lakh per annum) with education loans through financial institutions or banks at an interest rate of one per cent, he said in a statement. The loan will help the students cover the charges of tuition, accommodation, books, and other allied expenses

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