• As and when the educational loan is repaid, the bank will fund another student based on the same deposit of the corporate. This will continue till the deposit of the corporate is completely adjusted against bad debt. This way, the banks would be more secured and more willing to extend educational loans to students, which will encourage more students to study. This will help needy and genuine students will benefit continuously as the old students repay, new students would get loans

Interestfree loans should be provided to students to overcome the problem of finance. It can enhance learning ratio. Academic counselling and study rooms should be provided. Area wise cut off percentage may be considered.

There should be different income slabs for existing students financial assistance schemes. A need based scholarship should be linked up to families earning more than 2.5 lac . The interest loan subsidy scheme has not reached the poorest of poor in accessing higher education. There are little infrastructure facilities for students in rural areas. Along with resource and infrastructure students need to be m

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Let us have quick look at how do Government schooling works in California, USA and compare it with Government Schooling in india. Let us see the gaps and action items for Indian Government on the improvement areas. See the details in attached PDF document

I requested to the concern authority of the Government of India who deciding the fee structure in the Central Government run Educational Institution like IITs, AIIMS, NITs etc. regarding fee structure, IT must be like a income tax slabs for the benefits of all the citizens of India. Like if the parent income is less than 300000.00 no fee after that it increases towards the actual cost of degree expenses by government including every things.

• As and when the educational loan is repaid, the bank will fund another student based on the same deposit of the corporate. This will continue till the deposit of the corporate is completely adjusted against bad debt. This way, the banks would be more secured and more willing to extend educational loans to students, which will encourage more students to study. This will help needy and genuine students will benefit continuously as the old students repay, new students would get loans

• The corporates shall be allowed to deposit the CSR amount with the banks which shall be treated as CSR amount spent by the corporate. • The beneficiaries i.e. the students who shall be extended educational loans can be identified by the corporates. The banks can evaluate the students referred by the corporates and extend the loans to all or some of them based their criteria. • The education loan quantum can be a percentage of the CSR amount deposited by the company with the bank .

Schedule VII lists that one of the activities considered CSR is “promoting education, including special education and employment enhancing vocational skills especially among children, women, elderly, and the differently abled and livelihood enhancement projects;” It is estimated to cover around 16,352 companies and around 20,000 crores in total will be spent by Corporates each year on CSR. Banks are traditionally extending educational loans to students. The following are the suggestion:

Corporate Social Responsibility (CSR): As per Section 135 of the Companies Act,2013, every company having a net worth of rupees five hundred crore or more (77 million $ or more), or a turnover of rupees one thousand crore or more (153 million $ or more) , or a net profit of rupees five crore or more (0.75 million $ or more) shall ensure that the company spends, in every financial year, at least two per cent of the average net profits of the company.