India is a developing country in the world. Since Independence, India is trying to develop all the pillars of the economy. However, the Indian economy has three pillars of the economy. The first pillar of the economy is the agriculture sector of the country. The second pillar of the economy is the manufacturing industry of the nation. The third pillar of the economy is the service sector of the nation.
CORONA pandemic highly affects every sector of the economy of India. Moreover, the service sector contributes more to the Gross Domestic Product (GDP) of India. However, due to the COVID-19 pandemic, the GDP of India is at its historic lowest stage. We have to think about how the GDP of India can be increased.
The central government announces Atman Nirbhar Bharat Abhiyan to boost up the manufacturing industry in India. Pradhan Mantri Modi requests the citizen of India to go Vocal for Local. To use this phenomenon, we can increase the second pillar of the economy that is the manufacturing industry.
However, we can say the education is the fourth pillar of the Indian economy. Because without education, every nation’s economy is incomplete. As far as we know, the Indian government is trying enough to improve the education sector in India. The Indian government, as well as state government, is launching many schemes that are beneficial or the eduction of the citizen of India.
One of the Indian state governments, the Assam government, has launched the scheme related to the students of the Assam states. Assam states are the northeast state of India. They contain many natural resources. They can improve the GDP of India if their development should be in the right way.
Recently, the Assam government has launched the Assam Abhinandan Education Loan Subsidy scheme. As the name of the scheme suggests, this scheme is related to the education loan of the who wants to do the higher study. In this article, We will give you comprehensive information about this scheme.
About Assam Abhinandan Education Loan Subsidy Scheme 2020
Assam government has launched the scheme to encourage the student of the Assam state to do higher study. The poverty level of the Assam state is not suitable for the time. Due to the poverty of the Assam state, Many students who wanted to do study more, but because of the financial problem, they have to leave the study.
Here is a piece of good news for the students of Assam state that if any student wants to do higher study, then the students can take a loan from the government under this scheme. The government will provide Rs. 50,000 loans to the students who want to do higher study in the Assam state.
This scheme will provide financial support to the students who really want to do higher studies. The government will provide education loans to those students.
To take the benefits of the Assam Abhinandan Education Loan Subsidy Scheme, the government has invited the application form from the students. Students of the Assam state can register themselves to this scheme till 20 September.
That means if any students want to do higher study, then they have to fill up the online application form for this scheme. The application form can be fill till 20th September only. So hurry up, students! Get this opportunity from the government.
The subsidy rupee will be released from the government from 7th to 10th October of this year. That means the student who has filled the application form of the Assam Abhinandan Education Loan Subsidy Scheme will get the benefits of the education loan from 7th to 10th October of this year.
Students can take the benefit amount of this scheme from the bank at any point in time. Assam Himanta Biswa Sarma has announced this move on 4th September. Earlier, The Chief Minister of Assam Sarbanand Sonowal has distributed the beneficiary amount among the 1546 students.
This scheme was launched by the Assam Chief Minister Sarbanand Sonowal on 26 December 2019. This scheme has launched during a program of Srimanta Sankardev Kalakshetra in Guwahati. The Assam government has taken many steps to improve the education level of the Assam state.
The action taken by the Assam government includes scholarships, free education, free entry in educational institutions, distribution of free textbooks, etc. Now, this scheme has already been added to the steps taken by the Assam Government.
Assam Abhinandan Education Loan Subsidy Scheme 2020 Apply
The Assam Abhinandan Education Loan Subsidy Scheme will provide financial help to the students who want to do higher study. This is to avoid the drop in education for the students. The financial problem of the family will not affect the education of the children.
The students can get the benefit amount of the scheme from all commercial banks like Federal Bank and HDFC and also the regional rural banks like Assam Gramin Vikash Bank within Assam. The Chief Minister of Assam encourages the students to do work towards putting Assam in ist of front-ranking states.
To get the benefits of this scheme, every student has to fill the application form of the scheme. The students have to apply online for the scheme. If the students fill the application form, then only they can get the advantage of this scheme. Here, I will give you complete information about how the application form can be filled. The step by step information is provided below:
- To apply in this scheme, first, you have to visit the official website of the scheme. The link to the official website is assamfinanceloans.in.
- When you open the official website, you can see many tabs on the website. Among these tabs, you have to select the Assam Abhinandan Education Loan Subsidy Scheme 2020.
- After selecting the scheme, you have to click on the application.
- When you click on the application the next window will open. In the next window, you can see the application form of this scheme.
- In the application form, you have to fill up all the required details of the application form. Make sure that the information that you give in the application form is accurate, correct, and authentic. Then submit the application form.
- The student must be the permanent residence of the Assam.
- The education loan can be avail from any of the commercial banks or regional rural banks.
- There are no income criteria in the scheme.
- If the students already get the benefits of the Bidya Lakshmi scheme will not be eligible for this scheme.