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Mppsc current affairs@mppsc_current P.14068
MPPSC_CURRENT Telegram 14068
πŸ’‘ Model Skill Loan Scheme – Revamped for Future-Ready Workforce

πŸ“… Launched: 25 July 2024
πŸ“ Ministry: Skill Development & Entrepreneurship + Education

βœ… Higher Loan Limit – Increased from β‚Ή1.5 lakh ➑️ β‚Ή7.5 lakh to cover high-end skill courses

βœ… Wider Lending Network – Now includes:
β€’ Public & private banks
β€’ Foreign banks (IBA members)
β€’ NBFCs, NBFC-MFIs, Small Finance Banks

βœ… Expanded Course Coverage – Not just NSQF-aligned, but also other courses onboarded on Skill India Digital Hub

βœ… Govt Guarantee – Loans backed by a government-promoted fund to reduce lending risk

βœ… Beneficiaries – ~25,000 students annually

βœ… Future-Readiness – Supports skill training in line with emerging tech & job market .


#goverment_schemes

Join @PIB_UPSC
@upsc_government_scheme



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πŸ’‘ Model Skill Loan Scheme – Revamped for Future-Ready Workforce

πŸ“… Launched: 25 July 2024
πŸ“ Ministry: Skill Development & Entrepreneurship + Education

βœ… Higher Loan Limit – Increased from β‚Ή1.5 lakh ➑️ β‚Ή7.5 lakh to cover high-end skill courses

βœ… Wider Lending Network – Now includes:
β€’ Public & private banks
β€’ Foreign banks (IBA members)
β€’ NBFCs, NBFC-MFIs, Small Finance Banks

βœ… Expanded Course Coverage – Not just NSQF-aligned, but also other courses onboarded on Skill India Digital Hub

βœ… Govt Guarantee – Loans backed by a government-promoted fund to reduce lending risk

βœ… Beneficiaries – ~25,000 students annually

βœ… Future-Readiness – Supports skill training in line with emerging tech & job market .


#goverment_schemes

Join @PIB_UPSC
@upsc_government_scheme

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