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Interim budget 2014: FM announces interest subsidy on education loans

New Delhi: While delivering its Interim Budget speech in parliament, Finance Minister P. Chidambaram today announced a moratorium scheme on interest payment on education loans. The move will benefit over 9 lakh students.The government allocated

India TV Business Desk India TV Business Desk Updated on: February 17, 2014 12:34 IST
interim budget 2014 fm announces interest subsidy on
interim budget 2014 fm announces interest subsidy on education loans

New Delhi: While delivering its Interim Budget speech in parliament, Finance Minister P. Chidambaram today announced a moratorium scheme on interest payment on education loans. The move will benefit over 9 lakh students.


The government allocated Rs 2600 crore for this purpose and said it will soon announce the details of the scheme.
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