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Jharkhand Budget: New Education Loan Scheme; Sahebganj Airport


Announcing a series of schemes aimed at benefiting disadvantaged sections, the Jharkhand government on Thursday proposed in its budget the Guruji credit card scheme to provide an educational loan to higher education students at nominal interest. The JMM-led government of Jharkhand has unveiled a budget of Rs 1.01-lakh crore for the financial year 2022-23, with higher spending in sectors like health and infrastructure.

”For education loans, banks ask for collateral. But, poor students are usually not able to provide it. In such cases, they miss the opportunity to pursue higher education. Under Credit Card Guruji, the state government will be the guarantor for this loan,” Finance Department Principal Secretary Ajoy Kumar Singh said during a post-budget briefing here.

Mukhyamantri Sarathi Scheme has also been offered to help degree holders prepare for competitive examinations. The budget also earmarked for the Marang Gomke Jaipal Singh Munda Transnational Scholarship Program will now be extended to students from the Schedule Caste, Backward and Minority communities.

Finance Minister Rameshwar Oraon said recognizing that funds are insufficient for the whole family to reside in small houses built under Pradhan Mantri Awas Yojna (Rural), the state government plans to provide Rs 50,000 per house for the construction of an additional piece of state. funds. Under the Pradhan Mantri Awas Yojana (rural), construction works of 10.44 lakh houses have been completed so far and the remaining 5.22 lakh are expected to be completed in the next fiscal year, he said. The government also announced 100 units of free electricity for the poor and farmers to reduce the burden on their electricity bill.

Also, in an effort to encourage start-ups in the state, the finance minister proposed a seed venture capital fund in the budget. For 2022-23, a sum of Rs 50 crore has been proposed.

Furthermore, the government of Jharkhand has announced plans to establish an airport at Sahebganj to expand the air transport facilities in the Santhal region of the state. In addition, the government has also offered air ambulance service at minimum cost through wet hire. The Minister of Finance said that to provide health facilities to families from Especially Vulnerable Tribal Groups (PVTG) in rural areas, a bicycle ambulance service will also be launched. The creation of a Medico City in Ranchi is also proposed in the budget. The government has said children in Anaganwadi centers will now be provided with woolen uniforms. The state finance minister said that about 15 lakh children will benefit from this scheme.

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