Shimla, Nov. 22 -- The HP state government has launched Dr. Yashwant Singh Parmar Vidyarthi Rhin Yojna, an interest subsidy educational loan scheme designed to support Himachali students pursuing professional, technical and higher education courses in recognized institutions.

The scheme aims to ensure that no youth of the state is deprived of educational opportunities due to financial limitations. A spokesperson of the Higher Education department informed that under this scheme, eligible students can avail education loans through scheduled banks located in Himachal Pradesh at a highly subsidized interest rate of just one percent.

The loan facility is available for diploma and degree courses in engineering, medical, management, para-medica...