Welfare Schemes
Model Skill Loan Scheme
- Skill Development Minister Jayant Chaudhary recently launched the revamped Model Skill Loan Scheme.
- The scheme was initially launched in 2015.
- Earlier, only private, public and foreign banks, members of the Indian Banks’ Association were eligible for facilitating
- Under the revamped scheme, non–banking financial companies (NBFCs), NBFC–MFIs (micro– finance institutions), and small finance banks can also be lending
