The Hindu : Andhra Pradesh / Hyderabad News : Provide education loans, AISF urges State

Online edition of India's National Newspaper
Tuesday, Sep 27, 2005

Andhra Pradesh

Andhra Pradesh - Hyderabad

Provide education loans, AISF urges State

Staff Reporter

HYDERABAD: The All-India Students' Federation has urged the Government to provide unconditional educational loans for economically backward students and also to set up an `Educational Development Bank of India.'

At a press conference here on Monday, AISF national president, Ramakrushna Panda, regretted that in spite of the promise made by the UPA Government in its Common Minimum Programme that none would be denied access to higher education, several students had committed suicide this year unable to meet educational expenses.

While a loan programme would certainly help improve the situation, it could not however, be viewed as an efficient solution to the problem of finances both in the short and long term, he said.

The AISF thus demanded that the Union Government spend at least 10 per cent of its budget and the State Government 30 per cent of its budget on education.

The AISF State president, L. Sravan Kumar, and the State secretary, N. Raja Reddy, were also present.

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