The HRD Ministry is contemplating setting up an Education Finance Corporation to enable students get loans to study in quality Business schools, Tamil Nadu HRD minister D Purandeswari said today.
"We are seeing whether we can come out with an Education Finance Corporation to lend loans to children and whether this EFC can also support infrastructure creation in the country," she said at a function at Great Lakes Institute of Management.
Speaking after presenting diplomas to graduates, she asserted that business schools must ensure quality education is accessible to all students.
"Of course, they can do so by providing educational loans and so on.. but I think ways and methods must be evolved to ensure that management education is made possible even through education loans," she said.
On the proposed National Commission for Higher Education and Research Bill (NCHER), she said it cannot be put in place without consultations with stakeholders.
"We need to hold consultations. We need consensus on that. We all know very well that the Health Ministry and Agriculture Ministry are not happy to be part of it. We will form NCHER after deliberations," she said.
The proposed bill will act as a regulator for higher education, oversee universities as well as technical, legal and medical education institutes.
On the Right to Education Bill, she urged state Governments to play a "proactive" role in implementing the notifications.
"Many articles and clauses in RTE emphasise the very pro active role state governments have to play. Kapil Sibal (HRD Minister) and myself have been continuously holding talks with these governments to review its progress. We had a meeting with state secretaries just two days back," she said.
Notification on the rules in the RTE have been announced, she said, adding that Tamil Nadu has notified it while some other states were yet to do so.
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"We are seeing whether we can come out with an Education Finance Corporation to lend loans to children and whether this EFC can also support infrastructure creation in the country," she said at a function at Great Lakes Institute of Management.
Speaking after presenting diplomas to graduates, she asserted that business schools must ensure quality education is accessible to all students.
"Of course, they can do so by providing educational loans and so on.. but I think ways and methods must be evolved to ensure that management education is made possible even through education loans," she said.
On the proposed National Commission for Higher Education and Research Bill (NCHER), she said it cannot be put in place without consultations with stakeholders.
"We need to hold consultations. We need consensus on that. We all know very well that the Health Ministry and Agriculture Ministry are not happy to be part of it. We will form NCHER after deliberations," she said.
The proposed bill will act as a regulator for higher education, oversee universities as well as technical, legal and medical education institutes.
On the Right to Education Bill, she urged state Governments to play a "proactive" role in implementing the notifications.
"Many articles and clauses in RTE emphasise the very pro active role state governments have to play. Kapil Sibal (HRD Minister) and myself have been continuously holding talks with these governments to review its progress. We had a meeting with state secretaries just two days back," she said.
Notification on the rules in the RTE have been announced, she said, adding that Tamil Nadu has notified it while some other states were yet to do so.
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