West Bengal launches Student Credit Card scheme: All you need to know

West Bengal launched its ‘Student Credit Card’ on June 30. Under the scheme, a student will be eligible for a soft loan of up to Rs 10 lakh for higher studies. This was one of the schemes promised by the Trinamool Congress in the run-up to the elections.

“The idea behind the launch of the student credit card scheme is to make the youth of Bengal self-reliant,” West Bengal Chief Minister Mamata Banerjee said.

The scheme will cover various institutional or non-institutional expenses to ensure no student from West Bengal is deprived of education due to lack of monetary support.