Goa Blog |
- GEDC seeks to up study-loan limit
- 41 Uncovered villages in Goa to get Banking facilities: Goa MP
- Japanese varsity proposes student exchange with GU
| GEDC seeks to up study-loan limit Posted: 03 Sep 2010 05:50 AM PDT The government is contemplating changes to the scheme for interest-free loans to students pursuing higher education so that those whose families have a higher annual income can also apply for the loan. The proposal by the Goa Education Development Corporation is expected to come up for cabinet approval on Monday. Sources said that with the implementation of VI Pay Commission scales, the income of a large number of families has increased sizably. As such, many students are now ineligible to apply for the scheme. However, cost of higher education in specialized streams has also gone up making it unaffordable for even well-to-do families. At present, students whose annual family income is up to Rs 3 lakh are eligible to apply for the loan for higher education in India. If two aspirants are from the same family the income limit is Rs 4 lakh. For those pursuing a course overseas, the family’s annual income limit should be Rs 5 lakh and not beyond Rs 6 lakh if it’s two aspirants from the same family. The state now wants to raise this annual income limit to Rs 5-6 lakh for students pursuing higher studies in India and to Rs 10-12 lakh for those wanting to study abroad. In view of the pending cabinet approval, new applications have been kept on hold, said sources. Meanwhile, under the scheme, students are provided interest-free loans for courses of up to five years’ duration in any stream in India or abroad. Students are given a year’s time after they complete the course to start paying off the loan. They can clear off the loan through monthly installments for three years. A student gets Rs 1 lakh a year up to five years for courses in India and Rs 4 lakh a year up to two years for study abroad. Over Rs 24 lakh worth of loans have been disbursed since the scheme’s launch in 2002. Courtesy:TOI |
| 41 Uncovered villages in Goa to get Banking facilities: Goa MP Posted: 03 Sep 2010 04:22 AM PDT Mr. Shantaram Naik M.P. said that in accordance with the announcement made by the Finance Minister Shri Pranab Mukherjee ,during his budget speech, of government's intention to direct the Reserve Bank of India Mr. Naik who was addressing a meeting organized by the LEAD Bank, State Bank of India at Margao, said that scope for expansion of banking in Goa is limited as the banking network in Goa is widely spread, and therefore, the banking system in these 41 villages will have to be covered by mobile van banking system, smart card banking system and, in some villages by opening extension counter. Mr. Naik said that banking through mobile phones and internet services will be widely resorted to in Goa in the next few years. Mr. Naik said at the time of bank nationalization the country had only However, Mr. Naik said that according to a survey, as much as 51% of our population does not have regularized banking transactions. Mr. Naik suggested to the SBI that they should organize in collaboration with the state government seminars on credit facilities, implementation of government schemes and the role of Self help Groups and NGOs. Shri Gokulas Naik, Collector of South Goa, who presided over the meeting said that bankers have to take efforts to disburse crop loan at a faster rate, and that officers conversant with the agricultural He also stressed the need to remove the hurdles in the matter of education loan. Assistant General Manager of Reserve Bank of India Shri L.K.Menon announced that RBI will open its rural and credit department in Goa, He further said that according to his information, implementation of schemes implemented to the banks is not satisfactory. Shri Uday Kadam, District Development Manager, NABARD Officer said that out of the 18% target of agricultural loan banks have achieved only 2% target and therefore bankers have to take extra efforts to He also explained the Joining Liability Scheme and the Master Farmer Scheme of NABARD. Smt. Maria Luis Gomes, Chairperson of South Goa Zilla Panchayat pleaded for granting of housing loans to the applicants without hassles. Shri Arving Velingkar, Manager, LEAD Bank, welcomed the members. Deputy Collector and District Recovery Officer Mrs. Sandhya Kamat said that in cases where debtors expire, leaving widows who are unable to |
| Japanese varsity proposes student exchange with GU Posted: 02 Sep 2010 07:35 PM PDT Japan’s largest private university Nihon has put up a proposal to the Goa University to take a group of Goan students each year to Tokyo on a one-month programme in a bid to acquaint them with Japanese culture and beyond. The administrative head of the College of International Relations located at Nihon University, Takashi Okamoto, arrived in Goa on Thursday. In a meeting with Goa University officials Okamoto said that his varsity is working on two possible programmes for Goan students. Goa University’s public relations officer Rajesh Bhatikar said, “The university will either offer a programme in diversity of Japanese culture or Japanese management theories and techniques. The programme will be of a one-month duration and will be conducted in English for the benefit of our students. The full proposal will come to us from Nihon in writing by October this year and we will take it forward from there.” Bhatikar said that the costs involved will be shared by Goa University and Nihon University. He also said that the number of Goan students to be taken to Japan under the programme will be determined depending on the expenditure involved from the Goa University’s end. Incidentally, Goa University is the only Indian institute with which the Japanese varsity has a tie up. The knowledge sharing began in 2004 when a group of around 10 Japanese students began coming annually to Goa for the Study India programme. So far, the programme operated only one-way, with financial support from Nihon university for its students to attend the study. Now, the Japanese varsity has put forth a proposal for a two-way exchange programme with the Goa University. This year, nine Japanese students have arrived at the Goa University. Their programme will last from September 17 to February 25, 2011. The credits earned by students in Goa are added to their academic record at Nihon. The five-and-half-month programme is designed specifically for the students and includes seven modules - English language proficiency, an introduction to Indian languages, Indian history, Indian political thought and foreign policy, Indian social issues and philosophy and Indian management theory. The students also travel to other places like Delhi, Agra, Bangalore etc as part of their programme to get acquainted with the country’s culture. Courtesy:TOI |
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