Kalinga Siksha Sathi Yojana

Kalinga Siksha Sathi Yojana

Question: Which of the following state has recently launched “Kalinga Siksha Sathi Yojana”?
(a) Madhya Pradesh
(b) Karnataka
(c) Odisha
(d) Uttar Pradesh
Ans: (c)
Related facts:

  • On 27 June 2016 Odisha chief minister, Naveen Patnaik has launched Kalinga “Siksha Sathi Yojana”.
  • Education loan at 1% interest to students for pursuing higher studies will be provided under this scheme.
  • It will be useful for students pursuing higher education including Management, Law, Engineering, Medicine.
  • CM of the state dedicated the scheme to the foresight of Biju Patnaik on his birth centenary.
  • The state government will meet the fund requirement of about Rs 500 crore from its own resources.
  • On of the criteria for availing this benefit is that family income must be below 4.5 lakh per annum.
  • It should be known that Biju Patnaik had instituted ‘Kalinga UNESCO’ award for the popularisation of science.

Reference:
http://www.business-standard.com/article/current-affairs/odisha-government-to-provide-education-loan-at-1-interest-116062700737_1.html
http://www.financialexpress.com/article/india-news/odisha-government-to-provide-education-loan-at-1-interest/298524/
http://updateodisha.com/2016/06/27/kalinga-siksha-sathi-provide-education-loan-1-interest-10612/