💨 Abstract
The Union Cabinet has approved the PM-Vidyalaxmi scheme, providing monetary support to meritorious students through collateral-free, guarantor-free loans for quality higher education. This initiative, worth Rs 3,600 crore, aims to remove financial barriers for over 22 lakh students annually, focusing on top 860 institutions ranked by NIRF.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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