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21Nov 2024
PM Vidyalaxmi: Financial Aid for Meritorious Students
Why in the news? On November 6, 2024, the Union Cabinet approved PM Vidyalaxmi, a scheme offering collateral-free loans with interest subvention to support higher education for students in NIRF-ranked institutions. Key Features of PM Vidyalaxmi Scheme Launch and Objectives: The Union Cabinet, led by Prime Minister Narendra Modi, approved the PM Vidyalaxmi scheme on …
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