PUNE: The State government has revised the annual income limit for Economically Backward Class (EBC) from Rs 15,000 to Rs 1 lakh to enable their children avail concessions in educational fees.
The State cabinet approved the revision in its meeting on Wednesday.
Higher and technical education minister Rajesh Tope had made a formal announcement about this issue on the floor of the House during the Budget session of the State Legislature.
“As many as 8,21,588 students will benefit from the revision. A financial burden of Rs 8.93 crore will have to be incurred by the state exchequer annually,” an official release said on Wednesday. Started in 1959-60, the facility also offers concessions in library and laboratory charges, among other heads.
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