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Tourism players welcome FM’s loan package for travel agencies, guides
Persons involved with the tourism sector have welcomed finance minister Nirmala Sitharaman’s bank loan package deal for journey companies and tourist guides which is probable to revive the market. Your Average Business Rajesh Gupta, chairperson of Tourism Federation in Jammu and Kashmir, told ANI, “We welcome publish COVID lockdown techniques by the Centre to raise the tourism industry. The humanitarian go by the Centre will offer monetary assistance to additional than 11,000 registered holidaymakers, guides, journey and tourism stakeholders. We just have to monitor that the advantages supplied by this scheme achieve the grassroot level.” “The strategies in the tourism sector will encourage overseas vacationers as well. As for each…
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Govt announces 500,000 free visas, loan guarantee scheme for travel sector

 
 
 The Centre right now announced no cost visas for 500,000 holidaymakers and a financial loan warranty plan to aid recognised tour operators and tourist guides whose company has been disrupted owing to Covid-19 pandemic. 
 
 No cost visas will be issued the moment the federal government reopens borders for leisure travelers and working capital or particular loans will be offered to travel firms and registered tourist guides to discharge liabilities and restart their small business.
 
 
 
 
 
 
 
 The plan will reward 11,000 stakeholders such as 904 tour operators and 10,700 tourist guides, union finance minister Nirmala Sitharaman explained. Loans of Rs…
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‘Broad’ student loan forgiveness still on the table, Education Secretary Miguel Cardona says
Education Secretary Miguel Cardona said the Education Department is “going to continue conversations” with the White House when it comes to widespread loan cancellation. (iStock) More than half a million student loan borrowers have qualified for some form of student loan forgiveness since President Joe Biden took office. But so far, the White House has not pushed through the widespread student debt cancellation the president promised on the campaign trail. However, the Biden administration is still discussing “broad” student loan cancellation, Secretary of Education Miguel Cardona told CNBC at a Wednesday town hall. “We’re going to continue conversations around loan forgiveness — broad loan forgiveness.” – Education Secretary Miguel Cardona TEACHERS UNION REACHES ‘LANDMARK…
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Education Department extends Navient’s federal loan servicing contract through 2023
The Department of Education extended its contract with student loan servicer Navient, according to data obtained on a federal procurement website. Here’s what that means for borrowers. (iStock) Student loan servicer Navient extended its federal contract with the Department of Education through 2023, despite previously announcing on Sept. 28 its intention to exit the federal student loan business. The contract renewal was posted on SAM.gov, a website that hosts data about government contracts. The two-year contract extension comes with a $391 million price tag, according to the renewal document. Navient will be responsible for managing “student aid obligations, including, but not limited to, servicing, specialty programs, and consolidation of outstanding…
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