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07Nov 2024

PM- Vidyalaxmi Scheme to Provide Financial Support

Why in the News? Cabinet Approval: The Government has approved the PM-Vidyalaxmi scheme to provide financial support for meritorious students. Objective: To ensure financial constraints don’t hinder youth from pursuing quality higher education in India. Key Features of PM-Vidyalaxmi Scheme: Collateral-Free Loans: Provides collateral-free and guarantor-free loans for students to pursue higher education. Loan Support: …

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