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FM's proposal to easen and simplify norms to education loans for higher studies

This is a step in the right direction as it will encourage students to dream and aspire to take up professional programs

July 10, 2014 5:32 IST | India Infoline News Service
"We welcome the Finance Minister's proposal to easen and simplify norms to facilitate higher education loans for higher studies. This is a step in the right direction as it will encourage students to dream and aspire to take up professional programs. The proposal to set up 5 new IIMs and 5 more IITs will definitely bolster the professional education ecosystem in the country and also help the respective states in their economic progress. It is heartening to note that the govt will be spending around Rs.28, 000 crores for sanitation in primary schools. The state of sanitation and hygiene in many of our primary schools is quite below par and definitely needs a lot of improvement.  The proposal to establish Rs. 10,000 crore fund for encouraging entrepreneurship in the MSME sector is a bold move and will certainly encourage youth to take greater risk and undertake new ventures and thereby cater to needs of underserved sections of society.”
 

Fr. E. Abraham., SJ, Director XLRI, Jamshedpur

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