Ministry of Social Justice & Empowerment
azadi ka amrit mahotsav

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.

*****

 

MG/RNM


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