West Bengal Scholar Credit score Card Scheme   |  Photo Credit score: iStock Pictures
Pritam Roy, son of a marginal farmer at Khandaghosh block in West Bengal’s East Burdwan district is presently doing his MBBS from Burdwan Medical School. With a household incomes of Rs 8,000 monthly, Pritam’s dream of turning into a physician would have by no means been profitable with out the Scholar’s Credit score Card (SSC) scheme launched by Chief Minister Mamata Banerjee. Pritam was sanctioned an interest-free mortgage of Rs 2.5 lakhs that helped him to purchase his books and a laptop computer.
Related is the case of Mizanur Rahman Mallik, a resident of Katwa block in East Burdwan district. The son of a marginal farmer and with a household earnings of solely Rs 5,000, Mizanur’s dream to check engineering on the prestigious Jadavpur College would have by no means been profitable however due to the SSC scheme that has helped this poor pupil to pursue on along with his dream to develop into a pc scientist.
Pritam and Mizanur are usually not the one remoted circumstances however there are literally thousands of college students who’re getting the advantage of the state authorities’s interest-free mortgage to the scholars to hold on with their educational pursuits. The scheme that was introduced after Trinamool Congress got here to energy for the third time in Might this yr helps college students all around the state to fulfil their educational ambitions.
It’s designed to help the scholars to pursue secondary, increased secondary, madrasah, undergraduate and postgraduate research together with skilled diploma and different equal programs in any Faculty, Madrasah, School, College and different affiliated institutes inside and out of doors India.
In response to information from the state finance division, within the final six months after the announcement of the scheme in June this yr, multiple lakh college students have utilized of which 1,748 of them have acquired their loans. The state authorities has sanctioned Rs 54.39 crore to date for this goal.
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“The quantity might be a lot increased than this. The scheme is new and the scholars are but to use in correct method. We’ve uploaded a guide in order that the scholars can apply correctly. The state authorities has allotted greater than Rs 2000 crore for the scheme and so the real candidates is not going to be disadvantaged of getting the mortgage,” a senior official of the finance division mentioned.
Within the run-up to the Meeting elections earlier this yr, the Trinamool Congress promised in its manifesto to supply particular loans to college students. College students learning in numerous teaching establishments for showing in several aggressive examinations like Engineering, Medical, Legislation, IAS, IPS, WBCS and many others, also can avail the mortgage beneath this scheme.
A pupil from West Bengal can receive a most mortgage of Rs 10 lakhs at 4 per cent every year easy curiosity from the State Cooperative Financial institution and its affiliated Central Cooperative Banks and District Central Cooperative Banks and Public/Non-public Sector Banks.
Only one per cent curiosity concession might be supplied to borrower if the curiosity is absolutely serviced throughout the research interval. The higher age restrict for the college students has been stored as 40 years on the time of making use of for mortgage. The reimbursement interval shall be 15 years for any mortgage availed beneath this scheme.