​Government Launches Revised Model Skill Loan Scheme

On 25th July, 2024, Ministry of Skill Development and Entrepreneurship launched a revised Model Skill Loan Scheme to support youth in skill development courses.

Rationale behind Revamping the Scheme

  • In absence of a vibrant skill loan market, many youth leave without the necessary financial support to pursue their skill training.
  • The new Model Skill Loan Scheme is the revised version of the Credit Guarantee Fund Scheme for Skill Development (CCFSSD) launched in July 2015.

Aim

  • It is aimed at providing easy access to advanced-level skill courses, which potentially pose a significant financial barrier for many deserving students and candidates to ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy September 2024 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber
Society Watch