Cabinet approves PM-Vidyalaxmi scheme to provide financial support to meritorious students
November 06th, 03:14 pm
The Union Cabinet, chaired by PM Modi, has approved PM Vidyalaxmi—a new scheme offering collateral-free loans and interest subvention to meritorious students for higher education. Covering top-ranked institutions, it aims to ensure financial constraints don't hinder academic ambitions, supporting over 22 lakh students through a streamlined, digital system.