1. AAP govt in Delhi will give guarantee for student loans, says Arvind Kejriwal

AAP govt in Delhi will give guarantee for student loans, says Arvind Kejriwal

Arvind Kejriwal said the Aam Aadmi Party (AAP) government would give the guarantee to the bank on behalf of the students.

By: | New Delhi | Published: August 15, 2015 9:31 PM

Delhi CM Arvind Kejriwal on Saturday announced a bank guarantee-free loan scheme for students desirous of pursuing higher education.

Arvind Kejriwal said the Aam Aadmi Party (AAP) government would give the guarantee to the bank on behalf of the students.

“Delhi Government has launched a scheme, it will implemented in a month. Any student who wants to go for higher education after passing 12th standard, and if he doesn’t have money for it, then banks will provide loan up to Rs. 10 lakh. There is no need to give a guarantee to the bank, Delhi Government will give a guarantee to the bank,” Kejriwal said during his Independence Day address here.

“There is no need to pledge you land or house anymore to the bank to get a (student) loan. Delhi Government will take care of it, the student can pay back the loan after he completes his education and gets a job,” he added.

He further said that the Delhi Government, along with the Centre, will prepare a road map to clean up the Yamuna River.

“Delhi is settled on the banks of River Yamuna. But how many of us are proud of that. The Yamuna is very dirty, all kinds of dirt and industrial waste is dumped into it…. Delhi Government with Central Government and Uma Bharti ji will make a road map and work towards cleaning the Yamuna River,” he said.

Earlier, Kejriwal also unfurled the national flag at the Chhatrasal Stadium here on the occasion of the 69th Independence Day.

  1. A
    Ahad
    Aug 29, 2016 at 6:46 am
    bewakuf bana rahe h bus koi loan nhi de rahi aam adami party seelampur k mla k p gye to bolta h acha loan de rahi hame nhi pata net pr check karo jb kuch pata hi nhi to mla q bna h i hate delhi government and all political people..
    Reply
    1. V
      Vikas
      Aug 16, 2015 at 2:23 am
      Hope good students use this chance to get ahead. Good wishes from us.
      Reply
      1. P
        Praveen Praveen
        Aug 16, 2015 at 2:26 pm
        It is a good move by Delhi Govt. Atleast someone thinks education is natural medicine for higher GDP and GHI. No one dares to change the politics as current regime is trying to do. Please refrain from mentioning about UP govt and BSP party. They are best actors in parliament and I am not the vivid TV watcher. If I am forced to pay heavy taxes, I deserve to get good governance. As simple as it is.
        Reply
        1. K
          KeepItHonest
          Aug 15, 2015 at 10:01 pm
          This stupid Kejriwal will ruin the exchequer and the country in his lust for votes and power. The govt. has no business underwriting credit.
          Reply
          1. M
            Mohan Mohan
            Aug 15, 2015 at 9:28 pm
            and Modi Government will give guarantee for corporate loans for the economic progress of the country !
            Reply
            1. A
              Anonymous
              Aug 16, 2015 at 1:44 pm
              Wht about the ROI on education loan Kejru sahab, It is indeed good initiative from you, but what about pain of repaying loan amount with huge ROI . Can you do somethng on this.
              Reply
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