29.6.16

Odisha government to provide education loan at 1% interest

Odisha government to provide education loan at 1% interest


Odisha Chief Minister Naveen Patnaik has launched a new scheme Kalinga Siksha Sathi Yojana  with an aim to provide education loan at 1 % interest to students for pursuing higher studies. The State government dedicated this scheme to former Chief Minister Biju Patnaik on his Birth Centenary.

Poor students aspiring to pursue professional and technical education can now avail themselves of study loan up to 10 lakh rupees at one percent interest rate.This will be a major help for students pursuing higher education including Management, Law, Engineering, Medicine etc. It will reduce the loan burden of parents who are not able to effort money for higher education. Odisha government will provide a cost of 500 crore rupees from its own  resources for this purpose.
So let's do:

1. Name the state, which has launched a new scheme Kalinga Siksha Sathi Yojana  with an aim to provide education loan at 1 % interest to students for pursuing higher studies?

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