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Vidya Lakshmi Portal:

‘Vidya Lakshmi Portal’ has been launched on Aug 15, 2015 by the Department of Higher Education under the Ministry of Human Resource Development, New Delhi. Under this scheme, any Indian student can apply for educational loan online by browsing on www.vidyalakshmi.co.in.

The main purpose of this portal is to have facilities of education loan, scholarship and other student friendly facilities through one link. Students can apply from his/her home, institution, kiosk or Cyber café.

The portal is linked with “Centre for Good Governance National-e-Scholarship Portal: www.scholarship.gov.in.

Students can also apply for scholarship. Besides, a good number of student- friendly schemes are also mentioned in the portal.

Students can apply, view and track their educational loan application to banks anytime by accessing the Portal which would be useful for students, parents, institutions, bankers, employers, researchers, etc. 2016-India Fellows Programme: As a part of the drive to India Connect Initiative, OIFC (Overseas India Facilitation Centre) is scheduled to launch “The India Fellows Programme” in June 2016. This is open to young Indian Diaspora entrepreneurs/professionals in decision making capacity/potential investors and international partners of Indian companies (between 21-39 years of age) who have a minimum of 3 years of entrepreneurial experience. The programme is being offered at a special introductory fee of $5,000 per participant plus service tax. The fee will cover boarding, lodging, programme related learning material, field visits & webinars. The participants will have to bear the cost of travel and local conveyance. A brief note issued by OIFC in this regard is enclosed.

Selected candidates who complete the programme shall become members of the OIFC India Entrepreneurship Fellows (OIEF) Club, will receive support and facilitation from OIFC for doing business in India.

The main objective of this scheme is to help Diaspora entrepreneurs to have an understanding of aspects critical to gaining market entry, practical insights about doing business with India, idea of the legal & regulatory environment, exposure to Indian economy and an insight into the emerging opportunities of the world’s fastest growing economy. All those who are interested can remain in touch with OIFC pertaining to their initiatives and programmes through their social media platforms: Twitter: @OIFCIndia and CEO_OIFC; Facebook: www.facebook. com/OIFC.IN