New Delhi, Feb 28 (IANS) The government will set up an authority to administer and monitor scholarship as well educational loan schemes, Finance Minister Arun Jaitley said Saturday.
"With a view to enabling all poor and middle class students to pursue higher education of their choice without any constraint of funds, I propose to set up a fully IT-based Student Financial Aid Authority to administer and monitor scholarship as well educational loan schemes, through the Pradhan Mantri Vidya Lakshmi Karyakram," Jaitley said.
"We will ensure that no student misses out on higher education for lack of funds," he added while presenting Union Budget 2015-16 in the Lok Sabha.
He said that with the rural population still forming close to 70 percent of India's population, enhancing the employability of rural youth was the key to unlocking India's demographic dividend.
"With this in mind, we have launched the Deen Dayal Upadhyay Gramin Kaushal Yojana for which Rs.1,500 crore has been set apart. Disbursement will be through a digital voucher directly into the qualified student's bank account," the minister said.
The finance minister said an amount of Rs.68,968 crore has been allocated to the education sector, including mid-day meals.
CUET UG Exam: The CUET-UG exam will be held again on July 19, NTA issued a notification; Doubt about the result
The National Examination Agency (NTA) has decided to conduct a re-examination on July 19 for more than a thousand CUET-UG candidates. These candidates belong to six states. According to NTA sources, a
What is Bali's connection with NEET Paper Leak? CBI is busy investigating the horoscope of Oasis Principal, coaching teacher is also on the radar
Oasis School in Hazaribagh district of Jharkhand remains the center of CBI's investigation in the NEET question paper leak case. Now a teacher at a coaching institute here is also under investigation.
Charges of nepotism on Arjun Tendulkar, Sachin gave trolls a retort
Arjun Tendulkar, son of the world's great batsman Sachin Tendulkar, was bought by Mumbai Indians for his base price of Rs 20 lakh in the recent IPL auction. Arjun was strongly criticized on social
Shibu Soren: 'Shibu Soren was a strong voice of the poor and tribals, ' PM Modi said on the death of JMM founder
Former Jharkhand CM Shibu Soren passed away on Monday morning. Shibu Soren breathed his last at Sir Gangaram Hospital in Delhi. Various leaders are expressing grief over the death of Shibu Soren and
What were the five important reasons for AAP's victory in Punjab?
Making Bhagwant Mann CM candidate
Textbook Controversy: Violent masculinity being taught in English book, Child Protection Commission objected
Textbook Controversy: The Delhi Commission for Protection of Child Rights (DCPCR) has objected to a chapter in the NCERT's Class IX English textbook. The commission has asked NCERT to remove or amend
How many seats will BJP get in West Bengal? Mamata Banerjee made this claim
Kolkata: West Bengal Chief Minister Mamata Banerjee today claimed that BJP will not be able to win even 70 seats in the assembly elections. Trinamool Congress chief Mamata said at a rally in
IND vs SL: 'A batsman became a bowler overnight...', Gambhir in discussion after Rinku-SKY's bowling, memes go viral
Social media was filled with memes after Suryakumar Yadav and Rinku Singh became heroes with the ball in India's victory in the third T20 match against Sri Lanka in Pallekele on Tuesday. The Sri
Weather Update: Possibility of heavy rain in the Northeast including UP, and Bihar for the next three days, low pressure area formed over Bengal.
A low-pressure area has formed over North-West Bengal. Due to its effect, there was heavy rain on Tuesday in Odisha, the Ganga coast areas of West Bengal, and eastern central parts including Jharkhand
Rs.2,163 crore budget passed by Ghaziabad Development Authority
Ghaziabad, March 30 (IANS) The Ghaziabad Development Authority (GDA) has approved a Rs.2,163 crore budget for the 2015-15 financial year, said Santosh Kumar Yadav, vice-chairman of the urban
