The state government of Bihar going to implement the Student
credit card scheme from the 2nd of October. ItÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s a
specially designed scheme for students to pursue higher studies.
The scheme has been approved by the Bihar CM, and the State is all
set to launch this scheme on the occasion of Gandhi Jayanti.
Objective of the scheme
The main objective of the scheme is to provide students of
Bihar with enough financial support so that they can pursue their
higher studies. There are many students in Bihar who do not
continue their studies after school, due to the lack of money.
This scheme would encourage them to carry on with their studies.
Though there are other education loans available students do not
avail it due to the interest rate factor, but this scheme provides
an interest free loan. The government of Bihar is aiming at
proving the students credit cards to around 5 lakh students in