💨 Abstract

The Union Cabinet has approved the PM-Vidyalaxmi scheme to provide financial support through collateral-free, guarantor-free loans to meritorious students for pursuing quality higher education in top-ranked institutions as determined by the NIRF rankings. The scheme will initially apply to 860 QHEIs, benefiting over 22 lakh students.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖