Subsidy on Education Loan



Subsidy on Education Loan 
 

The Ministry of Minority Affairs has operationalized the scheme of “Padho Pardesh


– Interest Subsidy on Educational Loans for Overseas Studies” in 2014-15, under which interest subsidy is provided on educational loans for overseas studies to minority students for approved courses at Masters, M.Phil.and Ph.D. level. The claims for interest subsidy on the educational loans availed from 1st April, 2013 have been covered under the scheme.

The eligibility criteria for selection of beneficiaries are as follows:

(i)                 The student should have secured admission in the approved courses at Masters, M/.Phil. or Ph.D. level abroad as per guidelines.

(ii)               He/ She should have availed loan from a scheduled bank under the Education Loan Scheme of the Indian Bank’s Association (IBA) for the purpose.

(iii)             Total income from all sources of the employed or his/her parents/guardians in case of unemployed candidate, should not exceed Rs.6.00 lakh per annum.

This is a 100% Central Sector Scheme implemented by the Ministry of Minority Affairs through a Nodal Bank i.e. Canara Bank. Student can avail educational loan from the existing Educational Loan Scheme of any of the member bank of Indian Banks’ Association (IBA) and claim the interest subsidy through their respective bank.

The State/Union Territory-wise details of claims received for interest subsidy from the banks of various States/ UTs since operationalization of the scheme including the current year are-



 SNo
 STATE
2013-14*
2014-15*
2015-16

1
ANDHRA PRADESH
35
98
192

2
ASSAM
4
7
21

3
BIHAR
1
4
12

4
CHANDIGARH
1
8
10

5
CHHATTISGARH
1
3
6


DADRA AND

6
NAGAR HAVELI
0
1
0

7
DELHI
1
4
26

8
GOA
0
3
17

9
GUJARAT
3
22
86

10
HARYANA
2
19
30

11
JAMMU & KASHMIR
8
27
94

12
JHARKHAND
0
1
3

13
KARNATAKA
26
88
291




14
KERALA
159
459
1254

15
MADHYA PRADESH
8
30
130


16
MAHARASHTRA
18
58
223

17
MEGHALAYA
0
5
15

18
MANIPUR
4
1
0

19
MIZORAM
3
1
3

20
PUDUCHERRY
5
6
12

21
PUNJAB
22
117
188

22
RAJASTHAN
3
10
32

23
TAMIL NADU
49
89
267

24
TELANGANA
1
3
199

25
UTTAR PRADESH
7
16
46

26
UTTARAKHAND
2
4
16

27
WEST BENGAL
1
5
12


Grand Total
364
1089
3185













* Scheme was operationalized in 2014-15. The claims for interest subsidy on the educational loans availed from 1st April, 2013 have been covered under the scheme.

The funds allocated, released and the number of students benefitted since operationalization of the scheme are -






(Rs. in crore)

2014-15

2015-16 as on 29.02.2016
Funds
Funds
Benefitted students
Funds
Funds released
Benefitted students
allocated
released

allocated


4.00
3.50
573
4.19
4.00
770








Apart from the above, the Ministry also implements Pre-matric Scholarship Scheme (from Class I to X); Post - matric Scholarship Scheme (from Class XI to Ph.D. level); Merit-cum-Means based Scholarship Scheme (for technical and professional courses); and Maulana Azad National Fellowship for the educational empowerment of minority students across the country. In addition, Maulana Azad Education Foundation, an autonomous body under the Ministry, also implements

“Maulana Azad National Scholarship for Meritorious Girls”, an exclusive scheme for scholarship to minority girls studying in class XI and XII.
This Information was given by the Minister of State in the Ministry of Minority Affairs, Sh. Mukhtar Abbas Naqvi in Lok Sabha today.
*****
Skill Centres in Minority Localities 
The Government is implementing Multi-sectoral Development Programme (MsDP) in 710 Minority Concentration Blocks (MCBs), 66 Minority Concentration Towns (MCTs) and 13 Minority Concentration clusters of contiguous villages. The aim of the programme is to fill the gaps in the existing schemes of the Government of India by providing additional resources. The projects taken up under MsDP are related to the provision of better infrastructure for education, health, skill development, sanitation etc. The projects approved under MsDP are demand based. The projects for creation of infrastructure for skill development approved under MsDP so far include 166 Industrial Training Institutes (ITIs) and 47 Polytechnic institutions. It is done on the proposals submitted by the State Governments based on the local need and criteria of MsDP. There is no provision of setting up of skill development and entrepreneurship centres under MsDP.

The land for creation of infrastructure for all assets is provided by the State Government including the projects for construction of infrastructure for skill development like ITIs and Polytechnics. The projects are considered only on the declaration of the State Government that the land for construction is available as per the guidelines of programme. All the projects approved under the MsDP are located in identified Minority Concentration Areas. This Information was given by the Minister of State in the Ministry of Minority Affairs, Sh. Mukhtar Abbas Naqvi in Lok Sabha today. 
*****

Cyber Gram and Hamari Dharohar 
A pilot project namely “Minority Cyber Gram ” was launched in February, 2014 for imparting Digital Literacy in a minority dominated village Chanduli in Alwar district, Rajasthan in association with an organization namely Digital Empowerment Foundation. The village has 1300 households. Two per family (2600 persons) including non minorities in the village were selected for Digital Literacy. The project has been completed and so far 2890 persons have benefited from the programme. After the success of the pilot project, Ministry has mainstreamed the Cyber Gram Programme within the scheme of Multi-sectoral Development Programme (MsDP) from 2014-15, and guidelines were issued to all State Government/ UT administration.
‘Cyber Gram’ has been launched as an initiative under Multi-sectoral Development Programme(MsDP) to provide hands on training in computers to the students of minority communities and enable them to acquire basic Information and Communication Technology (ICT) skills; become digitally literate; actively participate in knowledge based activities; access financial, social and government services and use internet for communications. The initiative covers students of Class VI to Class X belonging to notified minority communities residing in minority concentration areas. Under the initiative, training of 3,71,657 students of Uttar Pradesh, West Bengal, Tripura and Rajasthan have been approved so far, with the total cost of Rs.57.79 crore. The proposal of Maharshtra has been in-principal approved.

To improve the compliance and implementation of projects in States, the Government has made a provision of robust mechanism for monitoring of the programme. The monitoring of the programme is done through

(1) Committees constituted at different levels starting from Blocks to the Centre

(2)       Independent agency/qualified monitors

(3)    Conferences at national, regional, sate and district levels and visits of officials to the project sites.

Under cybergram initiative of Multi-sectoral Development Programme, there is no provision for purchase of equipments. Hence no funds for purchase of equipment for implementation of cybergram initiative of MsDP has been sanctioned to States/UTs.

There is no proposal to conduct performance audit of the Cybergram initiative under MsDP separately.

“The Scheme Hamari Dharohar was launched during the year 2014-15. The scheme aims to preserve rich culture and heritage of minorities through selective intervention under the overall concept of Indian culture. Under this scheme during the year 2015-16, following two projects have been selected and approved:

-Organization of the international iconic exhibition „The Everlasting Flame, to preserve the rich heritage of Parsi Community of India. The Programme includes three international exhibitions namely The Everlasting Flame: Zoroastrianism in History and Imagination”, “Threads of Continuity” and “Painted Encounters— Parsi Traders and the Community”, to be hosted at the National Museum, Indira Gandhi National Centre for the Arts (IGNCA) and National Gallery of Modern Art (NGMA) at New Delhi during 19th March to 29th May, 2016.


Project for Digitization, Translation from Arabic to English, and reprinting of Medieval period documents on Medicines, Mathematics, Science and Literature and rare manuscripts kept at Dairatul Maarifil Osmania, Osmania University, Hyderabad.

This Information was given by the Minister of State in the Ministry of Minority Affairs, Sh. Mukhtar Abbas Naqvi in Lok Sabha today.
*****

Rights and Safeguards of Minorities 
The duties, functions and responsibilities of the National Commission for Minorities (NCM) are elaborated in the NCM Act, 1992. As mandated under Section 9 of the NCM Act, 1992, the Commission has been taking up cases regarding deprivation of rights and safeguards of the minorities, as and when they are brought to the notice of NCM, with the concerned authorities in the State Government and Central Government. Commission also takes suo-moto cognizance of cases of any violence against the minorities including visits to affected areas. The NCM is committed to various constitutional and statutory provisions relating to safeguarding the interests of minorities in India. Further, the Commission sends its recommendations to the State and Central Governments with regard to the protection of educational and economic upliftment of the notified minorities in the country.

-13384 complaints were dealt and 88 hearings were held since the inception of Sixth Commission i.e. 2010-11.

-All the cases except 533 have been disposed of since the inception of Commission till 01.03.2016. -48 complaints were received and dealt and 04 complaints are pending from the State of Telengana till 01.03.2016.

Whenever incidences of delay in timely disposal of complaints are brought to the notice of Ministry of Minority Affairs, the Ministry immediately writes to NCM to dispose of the complaints promptly under intimation to the Ministry. NCM takes up the matters with the concerned authorities and as per merit of the case, hearing is also held. Besides, Members and Senior Officers visit the State Governments to expedite the reply from the authorities in order to dispose of the cases. This Information was given by the Minister of State in the Ministry of Minority Affairs, Sh. Mukhtar Abbas Naqvi in Lok Sabha today. 


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