HEFA will release money directly to vendors or contractors on certification by executing agency and ...........

Economic and Social Issues Human development

HEFA will release money directly to vendors or contractors on certification by executing agency and educational institute. Loans taken from HEFA, under the RISE programme, will be paid back over ___ years. There will be different modes of loan repayment for different institutes, based on their internal revenue.

7.5

12.5

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Explanation:

Higher Education Financing Agency (HEFA) has been set up by the Government to mobilize funds from the market as per requirements of the centrally funded higher educational institutions set up in all the States of the country including Rajasthan. · The funding is being made to centrally funded higher educational institutions without any State-wise targets by HEFA.