Education loans should be extended to all eligible students. Recently a news item mentioned that, more than a hundred students from tribal community residing in LWE areas got selected for engineering colleges. It is a great step forward and to ensure that such a process continues, the financial sector should provide all possible assistance.
The case for unconventional measures in a low interest rate environment Interest rates in advanced economies have been on a broad downward path for more than three decades and remain close to historical lows. [5] As has been highlighted in many studies, the drivers of this long-term pattern largely boil down to demographics, productivity and the elevated net demand for safe assets.