e proposal with committee meetings and a report, which was not made public.Fast-forward to 2010. Even the bank association has no idea where things stand.K. Unnikrishnan, deputy chief executive of the association, said in an interview Thursday that the matter has recently come to the drawing table again,cheaptomsshoessalei.com. He didn’t say where it had been all this time. And there is nothing specific they are working on currently, he said.He did say the association plans to work with the Credit Guarantee Fund Trust for Micro and Small Enterprises, which is funded by the government and guarantees 75% to 80% of loans to small and medium enterprises. However, there is no timeline for when that might happen.“These things don’t happen overnight,” Mr. Unnikrishnan said.Or, apparently, in five years. Thanks to a classic case of government promises getting lost in a bureaucratic maze, higher education for most poor but talented Indian students remains a distant dream. Add a Comment Error message Name We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name. Comment Comments (3 of 3) View all Comments 4:59 am April 29, 2010 How to Pay for IIMA or Harvard | New Syndication wrote: [...] Looking to the U.S. for Student-Loan Ideas: Indian banks remain reluctant to lend to students whose parents are rickshaw drivers or porters,toms shoes sale. One solution might be to follow the West s government-funded loan model. [...] 11:41 am April 26, 2010 Blog Archive SME News: 26 April 2010 wrote: [...] SME News: 26 April 2010 Looking to the U.S. for Student-Loan Ideas [...] 11:13 pm April 23, 2010 Mark Kantrowitz wrote: The Health Care and Education Reconciliation Act of 2010 has eliminated the Federal Family Education Loan Program (FFELP). As of July 1, 2010, all new federal education loans will be made through the Direct Loan Program,toms shoes.Mark KantrowitzPublisher of FinAid.org and FastWeb.com India Real Time offers quick analysis and insights into the broad range of developments in business, markets, the economy, politics, culture, sports, and entertainment that take place every single day in the world’s largest democracy. Regular posts from Wall Street Journal and Dow Jones Newswires reporters around the country provide a unique take on the main stories in the news, shed light on what else mattered and why, and give global readers a snapshot of what Indians have been talking about all week. You can contact the editors at indiarealtime@wsj.com.Check out the main contributors to the blog and their bios here. An error has occured and your email has not been sent. Please try again. You must enter the verification code below to send. Invalid entry: Please type the verification code again.[标签:标题]
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