Education Loans Worth Rs 7.8 cr Sanctioned To 388 Students In Special Camps

388 students have been selected in the Indian State of Tamil Nadu to pursue Higher Education at special camps organised by the district administration at eight places across the district. An education loan amount worth Rs. 7.80 crore has been sanctioned to provide the selected students with higher quality education.

M. Ravikumar told the media personnel’s present that around 892 applications were received in the camps with maximum applications from the Tiruchendur district. Not only the sanctioned loan amount will be used, but also the several other banks who participated in the camps have forwarded applications submitted by the students to their head offices. So, it is expected that all in all the head offices of these banks might sanction a total amount of Rs. 9 crore.

M Ravikumar
Collector M. Ravikumar                                                                                                                          (Image: TheHindu)

Further the collector added that “Reserve Bank of India had set a target of Rs. 95 crore for disbursal as education loans for Tuticorin district this year and all efforts would be made to achieve this target.”

Along with the application process for the loans, special camps were organized for voters at all polling booths in the district. As many as 9,719 applications for inclusion and deletion of names in electoral roll, modifications and change of address have been received by Booth-Level Officers.

The next phase of such camps is expected to be held on October 4, 2015.

Ahead of the northeast monsoon, under ‘Mahatma Gandhi National Rural Employment’ Guarantee Scheme, a sum of Rs. 30 crore was allotted for planting 2,68,217 saplings. Till date 47,000 saplings had already been planted and the remaining saplings will be planted within a span of one month.

Earlier this month, the government of Thiruvananthapuram approved Rs 7.8 crore to comprehensively renovate the fisheries school at Valiathura. Minister of Fisheries K Babu said, “The government had taken up development and welfare activities worth Rs 85 crore in the coastal areas in the capital district.”

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