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PM-Vidyalaxmi scheme

PM-Vidyalaxmi scheme:

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the PM-Vidyalaxmi scheme on November 6, 2024, aimed at providing financial support to meritorious students seeking higher education. The scheme ensures collateral-free, guarantor-free loans for students enrolling in top 860 Quality Higher Education Institutions (QHEIs) across India, covering tuition fees and other educational expenses