Over 1.12 Lakh Students Get PM-Vidyalaxmi Education Loans Worth ₹15,634 Crore Since Launch

The government further informed Parliament that 64 banks, including public sector, private, regional rural and cooperative banks, have been onboarded on the portal. It added that scholarships and education loans have contributed to improving access to higher education, with India’s Gross Enrolment Ratio rising from 23.0 in 2013-14 to 30.0 in 2023-24.

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