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July 22, 2017

Delhi Govt. launches online application portal for Higher Education and Skill Development guarantee scheme


New Delhi: Delhi Government launched an online application portal for Higher Education and Skill Development Guarantee scheme on Monday. Chief minister Arvind Kejriwal inaugurated the online application portal to facilitate loans to students who wish to pursue higher studies in Delhi after graduating from Class XII.

Conceived and developed by the Directorate of Higher Education, the Higher Education and Skill Development Guarantee Scheme will serve as an encouragement to students who are otherwise unable to pursue education due to lack of financial means. Under this scheme, students will not be required to furnish any collateral or margin money and the scheme will be universal in nature regardless of the student’s background.

Deputy chief minister Manish Sisodia said: “Though the scheme was launched last year, we felt that it should be made online for the convenience of students and for better transparency. With this portal, students can apply online for loans which the participating banks will be obliged to provide. I believe this will transform education, enabling thousands of eligible students to pursue their studies and attain their career goals. We wish to encourage learning and are confident that such initiatives will break all the barriers and help students get higher learning of their choice.

Kejriwal said “the launch of the portal was the fulfillment of a promise made by his government that no student in Delhi should be denied the opportunity for quality education due to lack of resources.” We are improving the quality of education in the government schools, with better infrastructure, facilities and training for teachers. In three years’s time, parents in Delhi will be proud to say that their children study in government schools.” He added: “Once a loan has been applied for, under this initiative, no bank can deny the loan. The payment terms are very liberal and I now encourage students to avail this opportunity at the earliest.

We want to inculcate a feeling among aspiring students that they can educate themselves without the burden of lack of financial resources.”

Note: News shared for public awareness with reference from the information provided at online news portals.

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