collateral-free loans

PM Vidyalaxmi: Loan Relief for Middle-Class Scholars

The Union Cabinet has approved the PM Vidyalaxmi scheme, aiming to assist middle-class students facing financial challenges in pursuing higher education. This initiative ensures that students admitted to accredited institutions can access collateral-free and guarantor-free education loans. Union Information Minister Ashwini Vaishnaw stated, "Such loans will be collateral-free and guarantor-free."...