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Wednesday, June 3, 2015

Dharmapuri MP Dr Anbumani shows the way - Organises Education Loan Awareness programme for bankers and students

Education Loan Awareness Programme at Dharmapuri on 1st June 2015
Dr Anbumani Ramadoss MP (third from left), Prime Point Srinivasan (fourth from left)
Dr Anbumani Ramadoss (Former Union Health Minister and sitting MP of Dharmapuri, Tamil Nadu) organised an unique event on 1st June 2015 at Dharmapuri to create awareness about education loan among the students and parents. He had also invited all the local Bank Managers. 

Probably this is the first time, a sitting MP is organising such awareness programme anywhere in India for the benefit of people in his constituency. They made a wide publicity through media, banners and pamphlets.  More than 300 students and parents participated in this event.

Prime Point Srinivasan, Convenor of Education Loan Task Force (ELTF) was the Chief Guest and he delivered a talk on various aspects of Education Loan guidelines.  This event helped to ease the tension between the bankers and the public and to understand each others difficulties.   

Two important things observed was that though Reserve Bank of India and Indian Bank Head Office specifically advised all the banks not to follow 'service area concept' for education loans, Lead District Manager of Indian Bank openly admitted in the meeting that they were following service area concept for their convenience.  However, ELTF has taken up the issue with Indian Bank Head Office.

Secondly, the local State Bank of India has not been granting any education loans presently citing bad debts.  This matter is also being taken up by ELTF with State Bank of India Chairman.

While addressing the gathering, Srinivasan explained the application procedures, eligibility of interest subsidy, grievance redressal mechanism, etc.  
While summing up the views, Dr Anbumani MP said that this programme was more a sensitization programme for both bankers and the students.  He also assuired to take up with Finance Minister the mess up of interest subsidy matter.

This event was an unique event which can be emulated by other MPs and MLAs in their constituencies.  Another important matter which needs 'three cheers' is the total neutrality of the programme.  Though Dr Anbumani is the leader of a big political party, his team ensured that no political colour was given to the event.  

Some of the photos:

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