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.