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FINANCIAL SUPPORT FOR HIGHER EDUCATION LOANS UPTO ` 10 LAKH TO HELP YOUTH WHO HAVE NOT BEEN ELIGIBLE FOR BENEFIT UNDER GOVERNMENT SCHEMES AND POLICIES

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....INANCIAL SUPPORT FOR HIGHER EDUCATION LOANS UPTO ` 10 LAKH TO HELP YOUTH WHO HAVE NOT BEEN ELIGIBLE FOR BENEFIT UNDER GOVERNMENT SCHEMES AND POLICIES <br>Budget<br>Dated:- 23-7-2024<br><BR>E-VOUCHERS ....

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....TO BE GIVEN DIRECTLY TO 1 LAKH STUDENTS EVERY YEAR ANUSANDHAN NATIONAL RESEARCH FUND TO BE OPERATIONALIZED FOR BASIC RESEARCH AND PROTOTYPE DEVELOPMENT Union Minister for Finance & Corporate Affairs....

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...., Smt. Nirmala Sitharaman announced a financial support for loans upto ` 10 lakh for higher education in domestic institutions for helping youth who have not been eligible for any benefit under govern....

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....ment schemes and policies. While presenting the Union Budget 2024-25 in Parliament today, the Union Minister said that E-vouchers for this purpose will be given directly to 1 lakh students every year ....

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....for annual interest subvention of 3 per cent of the loan amount. The Union Finance Minister further said that the Anusandhan National Research Fund will be operationalized for basic research and pro....

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....totype development. Further, a mechanism will be set up for spurring private sector-driven research and innovation at commercial scale with a financing pool of ` 1 lakh crore in line with the announce....

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....ment in the interim budget.<BR> News - Press release - PIB....