Question : ESTABLISHMENT OF NEFC

(a) whether the Government is planning to establish a National Education Finance Corporation (NEFC) to meet the financial requirements of higher education;

(b) if so, the details thereof;

(c) whether the Government has decided the modalities of NEFC;

(d) if so, the details thereof; and

(e) the time by which the final decision is likely to be taken by the Government in this regard?

MINISTER OF HUMAN RESOURCE DEVELOPMENT (SMT. SMRITI ZUBIN IRANI)

(a): No, Madam.

(b) to (e): Does not arise.