Kerala to launch laptop scheme for students with KSFE and Kudumbashree
Thiruvananthapuram: Chief Minister Pinarayi Vijayan said the cabinet has approved a project to provide laptops to students through Kerala State Financial Enterprises (KSFE).
The scheme titled KSFE Vidyashree aims to make education more effective in the backdrop of the coronavirus pandemic. It will be implemented with the help of Kudumbashree.
The KSFE will start a savings scheme of Rs 15,000 where students can deposit Rs 500 for 30 months. Students joining the scheme and successfully paying Rs 500 for three months will be given laptops worth Rs 15,000 as loan by KSFE. While the government will bear 5 percent of the loan interest, the KSFE will bear 4 percent.
“The government will try to provide subsidies from various departments, government agencies and social organisations for the students procuring laptops through the scheme,” the CM added.