Abhinandan

Assam Launches Abhinandan education loan subsidy scheme

Assam Launches Abhinandan education loan subsidy scheme

  • Assam Chief Minister Sarbananda Sonowal launched the state government’s Abhinandan education loan subsidy scheme to bolster its education infrastructure and urge more students to pursue higher education.
  • Under the scheme, one-time subsidy of Rs. 50,000 will be provided to students who have availed education loans of a minimum of Rs 1 lakh, provided that loan should have been sanctioned before March 31, 2019.
  • There is no minimum income criterion for students to avail of the benefits of this scheme.
  • Under the phase I of the scheme, 1546 students each received the one-time subsidy of Rs. 50,000.

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