Budget FY23: Ministry Of Education Allocated Record Rs 1 Lakh Crore

The budget allocation for FY 2022-23 in the Flagship Scheme of Samagra Shiksha has increased by Rs 6,333.20 crore from Rs 31,050.16 crore in 2021-22 to Rs 37,383.36 crore in 2022-23.

Budget FY23: Ministry Of Education Allocated Record Rs 1 Lakh Crore

The Ministry of Education has received a record budgetary allocation for the upcoming financial year. The Ministry has been allocated Rs 1,04,277.72 crore for the financial year (FY) 2022-23. This budgetary allocation witnessed a jump of 11.86 per cent which is Rs 11,053.41 crore higher than the FY 2021-22.

There has been an overall increase of Rs 8,575.71 crore (15.63 per cent) in the budget allocation for Department of School Education & Literacy in the FY 2022-23 from FY 2021-22.