Chandy seeks support from MPs to urge centre on issue of education loans

Kerala Chief Minister Oommen Chandy has seeked for support of the MPs from the state to create pressure on the Union Government to reconsider thier decision of agreeing with Indian Banks' Association's (IBA) Model Educational Loans Scheme (MELS), which prevents students under 'management quota' to get education loans.

Mr. Chandy has been against the government's decision to allow revised MELS guidelines which would put the future of thousands of students at risk, and previously branded it as “discrimination.” Mr. Chandy further added that though the centre government may have approved IBA's decision to only provide education loans to meritorious students, but the state would not accept the same. He then asked the MPs of the state to protest and ask the center to reconsider its decision.