Himachal govt to issue SOP soon as loan scheme expanded to education abroad

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Himachal govt to issue SOP soon as loan scheme expanded to education abroad - Business Standard

Quick Summary:

The state cabinet on Friday decided to expand the scope of the scheme, under which educational loan of up to Rs 20 lakh is provided at one per cent to eligible students aspiring to pursue professional and vocational courses, to include overseas educational institutions.

Days after the Himachal Pradesh Cabinet approved to extend benefits of the Dr YS Parmar Vidyarthi Rin Yojna to overseas education, Chief Minister Sukhvinder Singh Sukhu on Sunday said a detailed standard operating procedure (SOP) will be issued in this regard soon.

On Sunday, Sukhu said that this initiative will benefit students aspiring to pursue higher studies in foreign institutions, ensuring that financial limitations do not stand in the way of their educational aspirations.