Ministry of Minority Affairs (MoMA), Government of India (GOI) have conveyed that the scheme of interest subsidy on Education Loans for Overseas Studies for the students belonging to the Minority Communities (Padho Pardesh), stands discontinued from 2022-23. However, existing beneficiaries as on 31-03-2022 will continue to receive the interest subsidy during the moratorium period of the loan, subject to the compliance with the extant guidelines.
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