The present interest rate for education loan is between 10—12%. According to new proposal of National Education Finance Corporation (NEFC), the new education loan interest rate will be lower and the duration for repayment of the loan would be more. In this context, the Human Resource Development Ministry will ask states to contribute towards...
The Indian Institutes of Technology have rejected the idea of selecting the candidates through a Common Engineering Entrance Test for all engineering colleges. HRD ministry-appointed committee said in its report, “Scores in a well-designed National Aptitude Test should be used to capture parameters of interest such as raw intelligence, aptitude, general awareness, comprehension and...
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