Budget Reaction: Sri Balaji University

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Sri Balaji University, Pune (SBUP)
Dr Preeti Joshi, Principal - Arts, Humanities and Social Sciences, Sri Balaji University, Pune (SBUP)

Dr Preeti Joshi, Principal – Arts, Humanities and Social Sciences, Sri Balaji University, Pune (SBUP) shared with the media

E-vouchers for loans up to ₹10 lakh for higher education in domestic institutions will be provided to 1 lakh students each year is a significant announcement for higher education in this budget. Under this initiative, the government will provide e-vouchers and will cover an annual interest subsidy of 3% on the loan amount. This will surely encourage talented youngsters to go for higher education within the country rather than going abroad. An allotment of Rs.1.48 Lakh Crore in the budget for education, skilling, and employment will surely benefit the youth of the country and for shaping up the future of the country. Another welcome step for the youth is the plan to undertake the skill development of 20 Lakh youngsters through 1000 industrial training units which will be upgraded and shall run courses as per the industry needs. Overall, a very good budget as far as an effort to provide jobs and skill development to the youth is concerned.

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