Govt to provide education loans with interest subvention for certain period

JAMMU: Reaching out to youth of the State, the Mehbooba Mufti Government today announced educational loan facility from banks with interest subvention on repayments till completion of course.

Also, the State Government will set up a corpus fund of Rs 12,000 crore that will be used for making timely GPF (General Provident Fund) payments to the Government employees in future.

For the youth, the Government has decided that education loans will be made available from banks with interest subvention facility till course completion, State Finance Minister Haseeb A Drabu said while presenting Rs 80,000 crore Budget for the fiscal 2018-19 in the state assembly. (AGENCIES)

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