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Home » India » Champai Launches Schemes For Students For A ‘Better Jharkhand’

Champai Launches Schemes For Students For A ‘Better Jharkhand’

The Jharkhand Chief Minister asked the talented students to go ahead with their studies without bothering about the financial constraints. Sudhir Kumar Mishra reports

March 11, 2024
Chief Minister Champai Soren At The Event | The Indian Tribal

Chief Minister Champai Soren At The Event

Ranchi

Jharkhand Chief Minister Champai Soren on Monday launched scholarship schemes to enable poor students to rise up and achieve their goals irrespective of their humble financial backgrounds. He assured that his government will be battling against the odds faced by each of the tribals and original natives (adivasis and moolvasis) of Jharkhand. 

His government inked an MoU with the Central Cooperative Bank, Dhanbad and HDFC Bank to facilitate smooth flow of funds while launching the Gurujee Credit Card Yojana and Manki Munda Chhatravriti Yojana to enable the new talents smoothly pursue their degree and diploma courses. Those going abroad for their higher studies will continue getting the benefits of Marang Gomke Jaipal Singh Munda Scholarship Scheme.

Under the Gurujee Credit Credit Card Yojana, loans amounting to the tune of Rs 500 crore will be made available to 2,000 students at the interest of 4 percent per annum. Each of the students going for technical degree courses will be given financial assistances of up to Rs 15 lakh.

Jharkhand CM Champai Soren Addressing The Gathering
Jharkhand CM Champai Soren Addressing The Gathering

The recovery of loan amounts will begin one year after completion of their course. But, if someone starts repaying the loan amounts while still studying he or she will be getting a 1 percent rebate. On Monday, this Credit Card was given to 1,200 students. 

Under the Manki Munda Scholarship Scheme, the students, especially girls, going for different types of diploma courses, even after clearing their Class X Board exams, will be entitled to avail financial aid to the tune of Rs 15,000 per annum. At least 3,000 students will be benefitted every year.

As many as 900 girls were extended the benefits of this scheme. According to rules, the annual family income of each of the beneficiaries is less than Rs 8 lakh.

 “You just go ahead with your studies with the aim to make Jharkhand better. Financial constraints will never hinder your way,” the Chief Minister said during his address while launching these schemes.

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