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Nine lakh education loan borrowers to benefit

Jyoti Kumar by Jyoti Kumar
Monday, February 17th, 2014
in Politics
0
Nine lakh education loan borrowers to benefit

student12New Delhi, Feb 17: Nearly 9 lakh student-borrowers can profit close to Rs.2,600 crore, finance minister P. Chidambaram said Monday, whereas presenting the interim allow 2014-15 within the Lok Sabha.

“Nearly 9 lakh student-borrowers can profit to the tune of roughly Rs.2,600 crore. A total of Rs.2,600 crore are provided within the current financial year itself,” Chidambaram said.

He said ten years ago, only a number of students got education loans.

“Ten years ago, only a few thousand students, principally the socially connected, got education loans,” he said.

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