Indian government increases Model Skill Loan Scheme limit to Rs 7.5 lakh, aims to empower 25,000 students annually.
The Indian government has revamped the Model Skill Loan Scheme, raising the loan limit from Rs 1.5 lakh to Rs 7.5 lakh. The scheme aims to empower 25,000 students annually by providing easy access to advanced-level skill courses without financial constraints. The revision includes expanding the lending network to non-banking financial companies, micro finance institutions, and small banks.
July 25, 2024
6 Articles