RE: [MTC Global] Delhi government approves higher education loan scheme--a giant move

It's a very positive and proactive gesture of the Delhi Government under the stressful circumstances but may prove discriminatory for the rest of India. Education being on the concurrent list of the Centre and States; this decision needs to be whetted at the federal level by presenting it for collective consideration at the NDC [National Development Council], by all the states; for an affirmative action. The NDC should consider the extant matter in two ways--
[i] Skills and capacity building being part of the national task, why the entire cost of all skills programmes should not be borne by the governments; and
[ii] On the least, endorse the Delhi Government's resolution for implementation in all the states of the federation.

Dr.Shivshankar Mishra,
Professor Emeritus


Date: Fri, 26 Jun 2015 13:23:40 +0530
Subject: [MTC Global] Delhi government approves higher education loan scheme--a giant move
From: bnath.dutta@gmail.com
To: join_mtc@googlegroups.com

The Aam Aadmi Party government in Delhi recently approved an education scheme under which loans of up to Rs1 million (US$15,670) will be provided to students pursuing higher education in the national capital, reports Press Trust of India.

Under the 'Higher Education Credit Guarantee Scheme', students would be provided loans without any collateral or third-party guarantee or margin money. There would be no processing charges for the same.

According to a senior government official, students pursuing any skills development course or diploma or degree course after finishing the qualifying examination from any school and educational institution in Delhi are eligible under this scheme. The scheme will also be applicable for industrial training institutes and polytechnic colleges.

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EDUCATE, EMPOWER, ELEVATE
Prof. Bholanath Dutta
Visionary Edupreneur, Founder &  President 
MTC Global: An Apex Global Advisory 
Body in Management Education
Cell: +91 96323 18178 / +91 81520 60465 / +91 7411716392

 


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