Lieutenant-Governor Anil Baijal on Wednesday approved the Delhi government’s higher education and skill development loan guarantee scheme under which students will be provided loans by banks with the government as a guarantor.
Students can avail education loans of up to ₹10 lakh from banks while the government will be their guarantor. While approving the scheme, the L-G asked the Delhi government to incorporate all safeguards as mentioned by Deputy Chief Minister Manish Sisodia in a time-bound manner, said a source.
Last month, Mr. Sisodia, who also holds the education portfolio, had accused the L-G of “blocking” the education loan scheme when the latter had asked the Delhi government to consult the Centre on it. In a letter to Mr. Sisodia, the L-G had suggested incorporating safeguards including ensuring of responsibilities of the lending institutions and linkage of loan with Aadhaar number
