Himachal govt to issue SOP soon as loan scheme expanded to education abroad

Days after the Himachal Pradesh Cabinet approved to extend benefits of the Dr YS Parmar Vidyarthi Rin Yojna to overseas education, Chief Minister Sukhvinder Singh Sukhu on Sunday said a detailed standard operating procedure (SOP) will be issued in this regard soon. The state cabinet on Friday decided to expand the scope of the scheme, under which educational loan of up to Rs 20 lakh is provided at one per cent to eligible students aspiring to pursue professional and vocational courses, to include overseas educational institutions. On Sunday, Sukhu said that this initiative will benefit students aspiring to pursue higher studies in foreign institutions, ensuring that financial limitations do not stand in the way of their educational aspirations. A detailed SOP will be issued in this regard by the education department soon, he added. The state government launched the loan scheme last year to support the eligible meritorious students of economically weaker sections. Students from ...