FULL INTEREST SUBSIDY FOR STUDENT LOANS OF WEAKER SECTIONS
Budget 2009-10
The Union Finance Minister Shri Pranab Mukherjee while presenting the Budget in Parliament today has announced that the Governemnt is committed to the universalisation of the Integrated Child Development Services (ICDS) Scheme in the country. He said that, by March 2012, all services under ICDS would be extended with quality to every child under the age of six.
Expressing grave concern at the low level of female literacy in the country, Shri Mukherjee said that the aim of the National Mission for Female Literacy would be to reduce by half, the current level of female illiteracy, in three years. This mission will focus on minorities, Scheduled Castes, Scheduled Tribes and other marginalized groups.
The Finance Minister announced that in order to enable students from economically weaker sections to access higher education, it is proposed to provide them full interest subsidy during the period of moratorium. It will cover loans of students from scheduled banks to pursue any of the approved courses of study in technical and professional streams from recognized institutions in India, he said. It is estimated that over 5 lakh students would avail of this benefit.
Budget 2009-10
The Union Finance Minister Shri Pranab Mukherjee while presenting the Budget in Parliament today has announced that the Governemnt is committed to the universalisation of the Integrated Child Development Services (ICDS) Scheme in the country. He said that, by March 2012, all services under ICDS would be extended with quality to every child under the age of six.
Expressing grave concern at the low level of female literacy in the country, Shri Mukherjee said that the aim of the National Mission for Female Literacy would be to reduce by half, the current level of female illiteracy, in three years. This mission will focus on minorities, Scheduled Castes, Scheduled Tribes and other marginalized groups.
The Finance Minister announced that in order to enable students from economically weaker sections to access higher education, it is proposed to provide them full interest subsidy during the period of moratorium. It will cover loans of students from scheduled banks to pursue any of the approved courses of study in technical and professional streams from recognized institutions in India, he said. It is estimated that over 5 lakh students would avail of this benefit.
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