"Waive off Educational Loans"
Education Sector has to be received more focus. Hopefully, the budget will ensure this time on this sector.
It is important to know which sector needs most subsidies and of what quality, there is lot of students who got educational loans for their Professional studies and for higher studies. But as our economy was hit by severe recession, each sectoral growth has been reduced and due to this the intake of students for employment has been reduced drastically for the past 1 year. This situation makes them still worse, because of their inability to repay their loans. The recent survey shows that most of the students getting educational loans were from the rural background and they don't have strong infrastructure to repay their loans until they get good employment. I request the government should take firm steps to overcome this problem in this budget 2009, even government can think about waiving off the educational loans like what they did for farmers waiving off Agriculture loan.
B.Prabhu, Sales Officer, Asian Paints Ltd
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B.Prabhu
Officer-Project sales
ASIAN PAINTS LTD
9894300956
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