Reply to Thread

Post a reply to the thread: Article: RBI decreases dollar limit for students going abroad

Your Message

Click here to log in

 

Send Trackbacks to (Separate multiple URLs with spaces)

You may choose an icon for your message from this list

Additional Options

  • Will turn www.example.com into [URL]http://www.example.com[/URL].

Topic Review (Newest First)

  • 09-03-2013, 05:09 PM
    shikhar
    is the living expenses of around $15000 excluding the annual fee of $25000-$40000????
  • 09-02-2013, 10:31 PM
    m cs
    The story is devoid of truth. The amount of fex that students are entitled for studies abroad is NOT reduced. It remains at US$100000/ (US$100K).
  • 09-01-2013, 05:47 PM
    Peas
    Please tell me the requirements and the procedure to get funding
  • 09-01-2013, 05:32 PM
    m cs
    The story is factually incorrect. The foreign exchange facility available to students for higher studies, as of date, is NOT curtailed. Students leaving for foreign studies can draw foreign exchange equivalent to the estimate received from the institution abroad or USD 100,000, per academic year, whichever is higher.
  • 09-01-2013, 05:29 PM
    m cs
    The story is factually INCORRECT. The reduction from US$200000/ to US$75000/ is under "liberalised remittance scheme". The liberalised remittance scheme is entirely different from the requirement of foreign exchange by students for higher studies.

    Students leaving from India for higher studies are governed by extant instructions under RBI's "guidelines on travel related matters". As of date, the instructions are as follows: for studies abroad the estimate received from the institution abroad or USD 100,000, per academic year, whichever is higher, may be availed of from an AD Category I bank and AD Category II.

    Please publish a revised story in the right perspective.
  • 09-01-2013, 12:04 PM
    jgor
    Nice post..increase in dollar has definitely left many students like me in uncertainty whether this is right time for ms in us or this could be the right tym as situations may get worst in future.
  • 09-01-2013, 09:50 AM
    cherukuri_ajay

    Article: RBI decreases dollar limit for students going abroad

    You can view the page at http://www.msinus.com/content.php?r=...s-going-abroad

Posting Permissions

  • You may not post new threads
  • You may post replies
  • You may not post attachments
  • You may not edit your posts
  •