PM Vidyalaxmi Scheme: Know about the scheme, eligibility criteria and more
1 month, 2 weeks ago

PM Vidyalaxmi Scheme: Know about the scheme, eligibility criteria and more

Hindustan Times  

Education is meant for all and financial burdens should not come in the way of students who aspire to study their choice of field. The scheme will be applicable to the top-quality higher educational institutions of the nation, as determined by the National Institutional Ranking Framework rankings. Understanding the importance and need of students to pursue higher education, the Union Cabinet approved the PM-Vidyalaxmi scheme to provide monetary support to meritorious students so that financial constraints do not prevent them from pursuing quality education. Eligibility Criteria: Under the PM Vidyalaxmi scheme, any student who gets admission in a quality Higher Education Institution will be eligible to get collateral-free, guarantor-free loans from banks and financial institutions to cover the full amount of tuition fees and other expenses related to the course. Which colleges are covered under the scheme: The scheme will be applicable to the top-quality higher educational institutions of the nation, as determined by the National Institutional Ranking Framework rankings.

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History of this topic

What is PM-Vidyalakshmi Scheme: Check all key details
2 weeks, 4 days ago

What is PM-Vidyalakshmi Scheme: Check all key details

India Today  

Getting a student loan has now been made easier. The scheme will provide financial support to deserving students, ensuring that financial barriers do not stop anyone from pursuing higher education, as stated by the government. Interest subvention: Students from families earning up to Rs 8 lakh annually, who are not receiving other government subsidies, will get a 3% interest subsidy …

PM Vidyalaxmi: A partial solution to India's big education loan demand
1 month, 1 week ago

PM Vidyalaxmi: A partial solution to India's big education loan demand

India Today  

The Union cabinet last week approved PM Vidyalaxmi, a new central government scheme for financial support to meritorious students so that such constraints do not prevent anyone from pursuing higher studies. The average loan size increased by 18 per cent between 2021 and 2022, with many students seeking loans around Rs 25 lakh to cover escalating education costs. The PM …

Govt approves ₹10,700 crore equity infusion in FCI, launches PM Vidyalaxmi scheme
1 month, 2 weeks ago

Govt approves ₹10,700 crore equity infusion in FCI, launches PM Vidyalaxmi scheme

Live Mint  

The Centre has greenlit a dual initiative aimed at strengthening India’s agricultural backbone and bolstering educational access for underserved youth. On Wednesday, the Cabinet Committee on Economic Affairs approved an equity infusion of ₹10,700 crore for the Food Corp. of India to enhance food grain procurement operations. The FCI infusion allocates ₹10,700 crore to meet the working capital needs of …

Cabinet approves PM-Vidyalaxmi scheme to provide financial support to meritorious students
1 month, 2 weeks ago

Cabinet approves PM-Vidyalaxmi scheme to provide financial support to meritorious students

Deccan Chronicle  

New Delhi: The Union Cabinet on Wednesday approved the PM-Vidyalaxmi scheme to provide monetary support to meritorious students so that financial constraints do not prevent them from pursuing quality higher education, Union Minister Ashwini Vaishnaw said. As per the scheme, anybody who gets admission in Quality Higher Education Institutions will be eligible to get collateral free, guarantor-free loan from banks …

PM-Vidyalaxmi scheme approved: Rs 3,600 crore allocation for education loans
1 month, 2 weeks ago

PM-Vidyalaxmi scheme approved: Rs 3,600 crore allocation for education loans

New Indian Express  

NEW DELHI: The government on Wednesday approved the PM-Vidyalaxmi scheme, allocating Rs 3,600 crore over five years beginning in the fiscal year 2024-25. Addressing the media after the Union Cabinet meeting, Information and Broadcasting Minister Ashwini Vaishnaw said the PM-Vidyalaxmi scheme is designed so that deserving candidates "do not face financial constraint" in pursuing quality higher education. Students with an …

T.N. Budget 2024 | ₹1,000 a month for boys who have studied in government schools, to pursue higher education
10 months ago

T.N. Budget 2024 | ₹1,000 a month for boys who have studied in government schools, to pursue higher education

The Hindu  

Following the success of the Moovalur Ramamirtham Ammaiyar Pudhumai Penn Scheme, the Tamil Nadu government on Monday, February 19, 2024 announced the ‘Tamizh Pudhalvan’ scheme to benefit boys, who have studied in government schools from classes 6 to 12, by providing them with financial assistance of ₹1,000 a month in their bank accounts for their higher education. Finance Minister Thangam …

Education Minister Launches Vidyanjali Scholarship Programme For NVS Students
10 months, 2 weeks ago

Education Minister Launches Vidyanjali Scholarship Programme For NVS Students

News 18  

Union Minister of Education Dharmendra Pradhan launched the EdCIL Vidyanjali Scholarship Programme on February 6, 2024, in New Delhi. The Vidyanjali Scholarship Programme, in alignment with the National Education Policy 2020, is a powerful force aimed at revolutionising opportunities for quality education and access to higher education institutions. Beyond mere enrollment, this initiative provides access to high-quality learning systems by …

Submit Videshi Vidya Deevena requests before June 10
1 year, 6 months ago

Submit Videshi Vidya Deevena requests before June 10

Deccan Chronicle  

Anantapur: The Nandyal District SC Welfare and Empowerment office has advised eligible students from SC, ST, BC, Minority, EBC and Kapu communities in the district to submit their applications for financial assistance under the Jagananna Videshi Vidya Deevena scheme. Students of Post-Graduation, Ph.D or MBBS who are eligible to study in the top 50 international universities under this scheme can …

PM's Modi's NEP address: From Academic Bank of Credit to Vidya Pravesh, several academic initiatives to be announced
3 years, 4 months ago

PM's Modi's NEP address: From Academic Bank of Credit to Vidya Pravesh, several academic initiatives to be announced

Firstpost  

These new initiatives will mark a significant step towards realisation of the goals of NEP 2020 Prime Minister Narendra Modi will address policymakers in the domain of education and skill development, students, teachers across the country on Thursday via video =0conferencing to mark the completion of one year of reforms under the National Education Policy 2020. The NEP 2020 is …

PM Cares Fund: Govt announces Rs 10 lakh, free education for children orphaned in pandemic
3 years, 6 months ago

PM Cares Fund: Govt announces Rs 10 lakh, free education for children orphaned in pandemic

India Today  

Prime Minister Narendra Modi on Saturday announced the roll-out of a slew of benefits under PM Cares For Children, in a bid to support children who lost their parents to the Covid-19 pandemic. Children will receive assistance in getting education loan for higher education and PM Cares will pay interest on the it. School education: For children under 10 years …

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