At a press conference on Thursday, Chief Minister Mamata Banerjee said the students’ credit card project has been approved by the cabinet. This project will be launched from June 30.
Mamata had announced government credit cards for students’ higher education in the run-up to the state assembly polls. The Chief Minister launched the project within two months of announcing the results of the polls.
“Students will be able to avail of student credit cards from class ten onwards,” Mamata told a press conference on Thursday. You will get a loan of up to 10 lakh rupees. He does not need a guarantor. The government will be the guarantor. “
The money will be used to cover the cost of research at undergraduate, postgraduate, vocational courses, diploma courses, doctoral and post doctoral levels, Mamata said. This credit card can be used to study not only in the country but also in foreign institutions. Announcing the credit card, Mamata said she no longer has to sell her house for her son and daughter’s education. Students are our pride. The state government is by your side. ”However, only those who have been in West Bengal for 10 years or more can apply for a credit card.
There are 12 lakh students studying in 10th class in this state. In the twelfth year, 9.5 lakh students were admitted for higher education. “There is already a Kanyashree, Swami Vivekananda Scholarship Scheme,” Mamata said. There is Oikyasree for minorities, Shikshashree for SC and ST. This time the project was also brought.
Mamata said that this card can be availed till the age of 40. One year after getting the job will be available to start repaying the loan. The loan has to be repaid within 15 years.