Higher Education Financing Agency

The Jawaharlal Nehru University (JNU) has received a funding of ₹455.02 crore for the construction of new academic buildings, hostels, and research centres, among others, under the Union ministry of human resources development (MHRD)’s higher education funding agency (HEFA).

HEFA

  • HEFA incorporated on 31st May 2017, is a joint venture of Ministry of HRD, GoI and Canara Bank with an agreed equity participation in the ratio of 90.91% and 09.09% respectively.
  • HEFA is registered under the Companies Act 2013 as a Union Govt company and as Non–deposit taking NBFC with RBI.
  • HEFA is a Non-Banking Financial Corporation that is tasked to raise ....
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