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.
The Uttar Pradesh government has transferred 6 IPS officers late on Thursday night. The most impo
These are the top 10 richest families in the world, know how much their total wealth is
The global economy has seen a huge decline since March because somewhere the coronavirus has slow
Boeing launches Starliner capsule for International Space Station, may get success after many years
American aerospace giant Boeing has today launched its Starliner capsule to the International Spa
Foreign trips starting with Precaution
France, Germany, and the United States can now operate travel (movement and departure) to India a
Its effect on the market started showing soon after the RBI hikes the repo rate. RBI on Friday in
Ukraine's President Volodymyr Zelensky has visited the recently liberated city of Kherson. This i
Ganpati Bappa Morya: 'Ganpati Bappa Morya' resonates everywhere. PM Modi wishes Ganesh Chaturthi.
Prime Minister Narendra Modi on Wednesday greeted everyone on the occasion of Ganesh Chaturthi. I
On Wednesday, the government can give the gift of Holi to the central employees. A report has rai
KGF star Yash said a big thing about Indian cinema, emphasized uniting the film industry
Superstar Yash has been the subject of discussion about the trailer of his much-awaited film KGF
While the people of the country are worried about the high prices of petrol and diesel, on the ot
