Technical Education Minister Prem Prakash Pandey on Tuesday said that to provide the benefit of one per cent interest rate on higher education loans, camps should be held in the premises of various colleges and institutions in coordination with banks.
This is to bring into effect the declaration made in the Assembly poll manifesto, the Technical Education Directorate has issued a circular in this respect to principals and directors of all engineering, pharmacy, management, MCA, and diploma syllabus colleges.
The Minister said that the students of the 16 naxal-affected tribal districts–Bastar, Bijapur, Dantewada, Kanker, Narayanpur, Sukma, Kondagaon, Gariyaband, Balrampur–Ramanujganj, Sarguja, Jashpur, Korea, Rajnandgaon, Balod, Dhamtari and Mahasamund–of the state would get interest free loan under this scheme.
In view of coordination with banks for the implementation of the scheme, Canara Bank has been declared the Nodal bank and Technical Education Department as the Nodal Department.