Kerala will urge the Centre to give retrospective effect to the subsidy on interest for education loans and to extend the subsidy scheme to cooperative banks also.

The state will also seek relaxations in the repayment of dues in education loans, said the Chief Minister, Mr. Oommen Chandy.

“We have already discussed the issues pertaining to education loans at the recently held conference of the MPs from the state,” Mr Chandy told the Assembly on Monday while replying to a calling attention motion moved by CPI(M) MLA, Mr. Saju Paul. “The MPs would be taking up the matter with the Centre.”
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