On November 6, 2024, the Union Cabinet approved the path-breaking PM Vidyalaxmi scheme to financially support meritorious students who secure admission to India's top higher education institutions. In one stroke, it offers possibilities for a generation of young Indians to choose a high-quality college of their choice. By providing collateral-free, guarantor-free education loans, and interest subventions by income level, the scheme aims to cover over 22 lakh students (roughly 22% of all students enrolling in colleges each year) enrolling in the top 860 higher education institutions—across private, state-run and centrally governed institutions—based on the National Institutional Ranking Framework (NIRF). Students who apply for a loan amount up to ₹7.5 lakh will be eligible for a credit guarantee of 75%. Students with a family income of up to ₹8 lakh who are not eligible for benefits under any other government scholarships and interest subventions, will receive a 3% interest subvention for a loan amount up to ₹10 lakh during the moratorium period.
Denne historien er fra December 27, 2024-utgaven av Hindustan Times Punjab.
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Denne historien er fra December 27, 2024-utgaven av Hindustan Times Punjab.
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Building the consensus for a net-zero economy
India's political economy needs to be prepared to manage the disruptions that are inevitable in this coming transition
Gangster Chhota Rajan Acquitted
A special Maharashtra Crime of Organised Crime Act (MCOCA) court on Friday acquitted underworld don Rajendra Sadashiv Nikalje, also known as Chhota Rajan, in connection with a 2008 case of firing at an Andheri-based builder.
Marathi actor Urmila Kothare's car hits 2 labourers, one dead
One labourer was killed, and another one was injured after being hit by a speeding car owned by Marathi actor Urmila Kanitkar Kothare in Kandivali early Saturday morning, officials said.
The delightful, rude world of put-downs
Of the many things I admire, near the top would be the art of the witty insult or the elegant put-down.
Law on marital cruelty needs robust backing
The tragic death by suicide of techie Atul Subhash has sparked outrage and renewed calls to scrap or dilute Section 498A of the IPC, a provision designed to protect women from marital cruelty.
'Cong politicising former PM's death': BJP hits back
NADDA ACCUSED CONGRESS OF INSULTING SINGH BY FAILING TO SHOW RESPECT TO THE FORMER TWO-TIME PRIME MINISTER WHILE HE WAS ALIVE
Police: U.P. Rape Survivor's Kin To Face DNA Test
Days after a 14-year-old girl accused her grandfather, father and uncle of repeatedly raping her for months in Uttar Pradesh's Auraiya district, police on Saturday initiated the process for DNA testing of the three accused after it came to light that the minor was two-month pregnant, a senior officer said.
Jaishankar Meets Trump's NSA Pick Waltz
External affairs minister S Jaishankar met Congressman Michael Waltz, President-elect Donald Trump's nominee for National Security Advisor, during which they had a wide-ranging conversation on the bilateral partnership between India and the US as well as current global issues.
Journo hurt in firing in Imphal East, CM condemns incident
A video journalist was injured in firing by armed men from the hills in Imphal East district of Manipur on Saturday, police said, with chief minister N Biren Singh strongly condemning the latest militant attacks in Thamnapokpi and Sanasabi areas.
'FIR example of victim blaming': HC orders SIT probe in TN varsity case
THE HC DIRECTED THE TN GOVT TO PAY ₹25 LAKH AS COMPENSATION TO THE SURVIVOR FOR POLICE'S LAPSES
