Ministry of Social Justice & Empowerment
Dr. Ambedkar interest subsidy on Educational Loan
Posted On:
07 DEC 2021 4:00PM by PIB Delhi
The objective of the scheme is to make the overseas education affordable to the students belonging to the Other Backward Classes and Economically Backward Classes and provide access to the high quality education.
Details of funds allocated and released during the last three years is as under:
Rs. In Lakh
Year
|
BE
|
RE
|
Actual release
|
2018-19
|
1000
|
1000
|
1000
|
2019-20
|
1500
|
2609
|
2609
|
2020-21
|
3500
|
3500
|
3261
|
As regards the Maharashtra State, an amount of Rs.4,78,39,870/- as subsidy has been released during the last three years. The details are given in Annexure-I.
A total of 10,803 students have benefited under the scheme during the last three years. All applications received from the eligible students as per the guidelines of the scheme have been considered.
Annexure-I
Details of RELEASE of funds during the last 3 years, particularly Maharashtra State:
FINANCIAL YEAR
|
OBC
|
EBC
|
TOTAL
|
No.of claims
|
Amount
|
No.of claims
|
Amount
|
No.of claims
|
Amount
|
2018-19
|
260
|
8915617
|
97
|
2386581
|
357
|
11302198
|
2019-20
|
407
|
12450375
|
135
|
3525730
|
542
|
15976105
|
2020-21
|
476
|
16548167
|
182
|
4013400
|
658
|
20561567
|
TOTAL
|
1193
|
37914159
|
414
|
9925711
|
1557
|
47839870
|
This information was given by Minister of State for Social Justice and Empowerment Sushri Pratima Bhoumik in the Lok Sabha in a written reply today.
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