Interest Free Student Loans to boost Higher Education in Bihar

Nitish Kumar 18 dc

Bihar government under Chief Minister Nitish Kumar has launched multiple programmes to boost higher education. Part of the Chief Minister’s key plans for upliftment of the state and improving the level of higher education in the state, the plans include initiatives like providing interest free student loans of upto Rs 4 lakh through student credit card for the aspirants to pursue higher education. Another major plan is to provide monthly allowance of Rs. 1000 to students who drop off in order to support their families. These sops are aimed towards helping the economic constraints of the students who are desirous of studying but are constrained by resources. The student loans of upto 4 lakh rupees is sure to add impetus and provide a way forth towards their higher education dreams.

The decision to give interest-free loans to assist student’s higher study aspirations is a positive step towards the Chief Minister’s promises of the election campaigns. Nitish Kumar in his election campaign had stated in his election manifesto that it was one of his seven resolves (Saat Nischay) of CM Nitish Kumar. The aspiring students were required to register themselves at the local registration office after furnishing necessary documents like identity details, Aadhar card, qualification and address details. Making the process of getting the student loan simpler further adds to the attractiveness of the program. ALSO READ: Don’t tamper with Nalanda University’s autonomy: Nitish Kumar to Centre

Many other initiatives are also being affected by the State. Another programme is to provide free WiFi facility in all government colleges and universities. Promoting free information access is sure to improve the level of education in the state. Also, Chief Minister Nitish Kumar is aware of the shortage of quality educational institutions and has taken certain initiative to overcome the shortage in Bihar. The initiatives include setting up of engineering colleges, polytechnics, ITIs for women, paramedical institutes and ANM College in all districts of the state. The Bihar government will also set up engineering colleges, polytechnics, ITIs for women, paramedical institutes and ANM College in all districts of the state. ALSO READ: Delhi govt schools don’t have teachers, government tells HC


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