News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 17 years ago
Rediff.com  » Business » Education loans: Over Rs 12,000 cr disbursed

Education loans: Over Rs 12,000 cr disbursed

Source: PTI
February 09, 2007 14:40 IST
Get Rediff News in your Inbox:

As much as Rs 12,106 crore (Rs 121.06 billion) was disbursed as educational loans to needy students last fiscal, Union Finance Minister P Chidambaram said in Sivaganga, Tamil Nadu on Friday.

Through efforts taken by the Union government, the amount distributed as educational loans has tripled in 2005-06, compared to the previous fiscal, he said while inaugurating a new Kendriya Vidyalaya in Sivaganga, his Lok Sabha constituency.

For the development of Kendriya Vidyalayas, the Centre had allocated Rs 850 crore (Rs 8.5 billion) in 2005-06, he said.

"I never had the opportunity to study in a Kendriya Vidyalaya. Now such schools are common in the country and Sivaganga district has two of them," Chidambaram said.

 The government has ensured that mid-day meals are being provided to 12 crore (120 million) students across the country, he added.

Tamil Nadu Hindu Religious and Charitable Endowments Minister K R Periyakaruppan was also present at the function.
Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!