Dalits, tribals prefer loans for home than education

Dalits, tribals prefer loans for home than education

More Dalit and tribal families have been taking home loans over the past few years while the number of education loans has reduced, indicating a new pattern of investments among these communities. A note prepared by the department of financial services in the ministry of finance shows the amount disbursed in home loans in 2017-18 , Rs 2,849.36 crore, has gone up by nearly 50% compared to 2015-16, Rs 1,954.57 crore. Sources add that the rise coincides with the government’s renewed thrust on ‘Housing for all’ by 2022 and the…

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Why many schools prefer BMTC service

Why many schools prefer BMTC service

Wednesday’s crackdown by the Transport Department comes barely days after a Bangalore Metropolitan Transport Corporation (BMTC) bus caught fire while ferrying schoolchildren on a picnic. The RTO’s allegation that safety guidelines were not being followed puts the focus on BMTC buses being used to transport students. This is not the first time RTO has undertaken such an exercise. Last year, 10 BMTC buses were stopped and seized temporarily when officials said they had discovered safety violations. These buses were also on contract with a popular private school in the city….

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