Tuesday, 18 February 2014

A Comment on Relief to educational loan borrowers in Budget 2014

My Comment on an article "Major relief for education loan borrowers: 9 lakh students to benefit" published in the Economic Times Dated 17/02/2014 at 5:44 pm.


"This can be a great relief to deserving and economically backward students. They are relieved of arrears interest dues. 

Now they should try to pay interest each month regularly and also a small bit of principal amount each month, say even a hundred rupees which can give them much relief in long run. 

So do not default now onward."

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