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Khattar announces new education loan for students

Wednesday,04-Mar-2020 |6 years ago

Chandigarh: In Haryana, students keen on pursuing higher education have a reason to cheer as Haryana Chief Minister, Manohar Lal Khattar on Wednesday announced a new scheme of “education loan” under which the State Government would give credit guarantee for education loan to be taken by the students under various categories of medical, engineering and other professional courses.
Earlier the students had to face difficulties in getting loan for higher education due to lack of collateral guarantee required by the Banks.
Replying on the State Budget for the year 2020-21 on the concluding day of Budget Session of Haryana Assembly on Wednesday, Khattar said that a Credit Guarantee Fund would be set up by the State Government for this purpose. He said that after becoming an earning hand, the students would be required to refund the loan amount to the Banks. A separate provision has been made in the Budget for this scheme, he added.
The Chief Minister also announced that as the State Government has created a separate Foreign Cooperation Department with an aim to focus on initiatives taken by the state that promotes welfare of non-Resident Indians, investment and youth employment,  it has been decided that farmers, workers, students, teachers and representatives of Panchayati Raj Institutions and Urban Local Bodies would be sent on foreign tours to abreast them with information about latest schemes at the global level. He said that 500 members of such different categories would be sent every year.
He also announced that the state government employees and their dependents would now be able to get the facility of lungs and heart transplantation. He said in case any government employee or its dependent got done the lungs transplantation from Gleneagles Global Health City, Chennai; Apollo Hospital, Chennai and MGM Hospital Private Limited, Chennai or in any other equivalent Hospital, the reimbursement of expenditure would be made on the basis of package.
Apart from this, if the Heart transplant is also performed in recognized hospital, the reimbursement of the expenditure of the same would also be made by the State Government.