The Union cabinet has increased Higher Education Financing Agency (HEFA)'s capital base to ₹10,000 crore from ₹ 2,000 crore
1 min read4 Jul 2018Prakash Javadekar said HEFA will raise up to Rs10,000 crore from the market and lend to government-run higher educational institutions
2 min read10 Feb 2017Increase in enrolment calls for improvement of the quality of education, which is in a dismal state
4 min read15 Mar 2016Budget has proposed setting up a Higher Education Financing Agency, which will tap bond markets and then lend proceeds to educational institutions to fund expansion plans
4 min read9 Mar 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared