AP: Fee payback capped at Rs 31,000 for BC, EBCs Hyderabad: Students hoping to avail the governments fee reimbursement scheme can now hope to get a maximum benefit of Rs 31,000 per annum. If the fee they are charged by their college exceeds that, they would have to approach a bank to raise the rest. After weeks of grappling with the fee reimbursement issue in the wake of the Supreme Court order, the state government on Monday finally decided to cap at Rs 31,000 per annum the fee reimbursement it pays for each student of a professional course. However, the ceiling will apply only to students belonging to BC and economically backward communities (EBCs). Students from SC and ST communities will continue to get full reimbursement.

The government said it will announce its uniform fee structure for professional colleges within three months.In respect of BC/EBC students, the state government will facilitate bank loans in the event of the fee being higher than its ceiling. These key decisions were announced by social welfare minister P Satyanarayana after a meeting of the cabinet sub-committee on fee reimbursement on Monday.

The notification for EAMCET counselling will be issued on August 8 and the admission process will begin soon thereafter. The other important step announced by the minister was that seats in the convener and management quotas will have to be filled online to make the process transparent. As of now, managements enjoy the freedom to fill seats in their quota.

The government also decided to constitute a task force comprising 
12:30 PM, Aug 07, 2012

US sends first war reimbursement since 2010 to Pak Islamabad: Cash-strapped Pakistan has received $1.118 billion from the United States as reimbursement for its expenses on the war on terrorism, the first payment from the Coalition Support Fund since December 2010. The State Bank of Pakistan received the payment from the US on Thursday morning, SBP chief spokesman Syed Wasimuddin said on Thursday. The amount will be reflected in the foreign exchange reserves for next week, he said. Wasimuddin...  
01:20 AM, Aug 03, 2012

CJs want FM to raise medical reimbursement limit Chennai: Finance Minister Pranab Mukherjee will present the Budget on March 16. Citizen journalists Mariam Nasreen and Thomas Geevarghese want the finance minister to increase medical reimbursement limit. Health services have become more expensive since the medical reimbursement limit of Rs 15,000 was set back in 2001. Nasreen and Geevarghese want the finance minister to increase the limit to Rs 50,000. Nasreen is blind and has spent the last 18...  
09:21 AM, Mar 11, 2012

10 things to do before March 31 to save tax March 31, the tax year-end is almost here. ...  
05:44 PM, Mar 15, 2010