Lok Sabha Question No. 1797 (UNSTARRED), answered on 2019-07-02
Subject: Higher Education Loan to OBC Students
Ministry: SOCIAL JUSTICE AND EMPOWERMENT
Asked by: Sukanta Majumdar, Khagen Murmu

## GOVERNMENT OF INDIA MINISTRY OF SOCIAL JUSTICE AND EMPOWERMENT LOK SABHA

## UNSTARRED QUESTION NO. 1797 TO BE ANSWERED ON 02.07.2019

## HIGHER EDUCATION LOAN TO OBC STUDENTS

## 1797. DR SUKANTA MAJUMDAR: SHRI KHAGEN MURMU:

## Will the Minister of SOCIAL JUSTICE AND EMPOWERMENT be pleased to state:

- (a) whether the Government is providing higher education loan to Other Backward Classes (OBCs) students at zero interest rate;
- (6) if s0, the details of the number of students belonging to OBCs who applied for loan with the National Backward Classes Finance and   Development Corporation   (NBCFDC) to pursue education during each of the last three years, State and sector-wise;
- (c) the details of the students who and loan to study abroad during the said period, State and sector-wise; applied got
- (d) whether the Government is aware that the OBC students are facing lots of difficulties in getting such education loan; and
- (e) if SO, the details thereof and to redress   the said grievances?

## ANSWER

## MINISTER OF STATE FOR SOCIAL JUSTICE AND EMPOWERMENT (SHRI KRISHAN PAL GURJAR)

- (a): No loan is being provided to OBC students at zero interest rate for higher education: The National Backward Classes Finance and Development  Corporation (NBCFDC) a corporation under the aegis of Ministry of Social Justice and Empowerment has been entrusted with the job of providing the Education Loan to the students belonging to Backward Classes having annual family income less than Rs.3.00 courses or trainings at graduate and higher levels in the Educational Institutions duly approved by appropriate  authorities  such as Council of India (MCI), University Grants Commission (UGC) etc. The rate of interest is 4% p.a and for girl students rate of interest is 3.5% p.a. for loans for higher education studies:
- (b) (c): Details of number of students State-wise whom loan have been disbursed to study in India and abroad during the last three years are at Annexure-I
- (d)&(e) No such specific information has been received so far:

## ANNEXURE-[ FOR LOK SABHA UNSTARRED QUESTION N0.1797 FOR 02.07.2019

## Statement Showing Funds Disbursed by NBCFDC under Education Loan Scheme during last Three Years

|    |                  |           |          |                 |                 |           |          |           |          | Financial: (Rs/Lakh) 2018-19   | Financial: (Rs/Lakh) 2018-19   | Financial: (Rs/Lakh) 2018-19   | Financial: (Rs/Lakh) 2018-19   |
|----|------------------|-----------|----------|-----------------|-----------------|-----------|----------|-----------|----------|--------------------------------|--------------------------------|--------------------------------|--------------------------------|
|    | Name of StatelUT |           | 2016-17  | In India Abroad | In India Abroad | In India  | In India | Abroad    | Abroad   | In India                       | In India                       | Abroad                         | Abroad                         |
|    |                  | Financial | Physical | Financial       | Physical        | Financial | Physical | Financial | Physical | Financial                      | Physical                       | Financial                      | Physical                       |
|    | Andhra Pradesh   | 0.00      |          | 0.00            | 0               | 17.99     |          | 0.00      |          | 0.00                           |                                | 0.00                           |                                |
| 2  | Telangana        | 0.00      |          | 0.00            |                 | 48.35     | 33       | 0.00      |          | 0.00                           |                                | 0.00                           |                                |
| 3  | Chandigarh (UT)  | 0.00      |          | 0.00            |                 | 0.00      | 0        | 0.00      |          | 0.00                           |                                | 0.00                           |                                |
| 4  | Chhattisgarh     | 0.00      |          | 0.00            | 0               | 22.50     | 25       | 0.00      |          | 0.00                           |                                | 0.00                           |                                |
| 5  | Delhi            | 0.00      |          | 0.00            | 0               | 4.27      | 4        | 0.00      |          | 0.00                           |                                | 0.00                           |                                |
| 6  |                  | 5.00      |          | 5.00            | 5               | 40.00     | 10       | 0.00      |          | 25.00                          | 30                             | 5.00                           |                                |
|    | Gujarat          | 150.00    | 165      | 0.00            | 0               | 115.95    | 140      | 0.00      | 0        | 229.00                         | 546                            | 0.00                           | 0                              |
|    | Haryana          | 50.00     | 105      | 0.00            | 0               | 101.00    | 29       | 54.00     | 4        | 100.00                         | 30                             | 40.00                          |                                |
| 9  | Himachal Pradesh | 61.94     | 90       | 10.00           | 10              | 42.30     | 17       | 0.00      | 0        | 71.25                          | 44                             | 0.00                           |                                |
| 10 | Jammu & Kashmir  | 35.00     | 40       | 0.00            |                 | 25.00     | 50       | 0.00      | 0        | 10.00                          | 13                             | 0.00                           |                                |
| 11 | Jharkhand        | 0.00      | 0.00     | 0.00            |                 | 50.00     | 50       | 10.00     |          | 0.00                           | 0                              | 0.00                           |                                |
| 12 | Karnataka        | 393.18    | 468      | 460.68          | 337             | 213.80    | 168      | 68.00     | 6        | 0.00                           | 0                              | 0.00                           |                                |
| 13 | Kerala           | 825.00    | 1205     | 385.00          | 310             | 856.21    | 608      | 300.00    | 95       | 1320.00                        | 655                            | 500.00                         | 125                            |
| 14 | Madhya Pradesh   | 50.00     | 70       | 0.00            |                 | 20.47     | 5        | 0.00      | 0        | 0.00                           | 0                              | 0.00                           |                                |
| 15 | Maharashtra      | 0.00      |          | 0.00            |                 | 0.52      |          | 0.00      | 0        | 0.00                           |                                | 0.00                           |                                |
| 16 | Puducherry (UT)  | 100.00    | 200      | 0.00            |                 | 0.00      | 0        | 0.00      |          | 0.00                           |                                | 0.00                           |                                |
| 17 | Punjab           | 30.00     | 80       | 10.00           | 10              | 20.00     | 11       | 10.00     |          | 15.00                          | 15                             | 10.00                          |                                |
| 18 | Rajasthan        | 0.00      |          | 0.00            |                 | 13.50     | 10       | 0.00      |          | 0.00                           | 0                              | 0.00                           |                                |
| 19 | Sikkim           | 0.00      |          | 0.00            |                 | 0.00      | 0        | 0.00      |          | 0.00                           |                                | 0.00                           |                                |
| 20 | Tamil Nadu       | 0.00      |          | 0.00            |                 | 19.98     | 26       | 0.00      |          | 0.00                           | 0                              | 0.00                           |                                |
| 21 | Tripura          | 250.00    | 400      | 0.00            | 0               | 300.00    | 400      | 0.00      |          | 200.00                         | 400                            | 0.00                           |                                |
| 22 | Uttar Pradesh    | 0.00      |          | 0.00            | 0               | 70.00     | 17       | 0.00      |          | 62.00                          | 70                             | 63.00                          | 40                             |
| 23 | Uttrakhand       | 0.00      |          | 0.00            | 0               | 4.50      |          | 9.00      |          | 4.50                           | 9                              | 9.00                           | 2                              |
| 24 | West Bengal      | 55.00     | 80       | 5.00            | 5               | 36.50     | 18       | 0.00      | 0        | 50.00                          | 56                             | 50.00                          | 29                             |
|    | Total:           | 2005.12   | 2913     | 875.68          | 677             | 2022.84   | 1634     | 451.00    | 109      | 2086.75                        | 1868                           | 677.00                         | 208                            |