18 Jul 2024, 02:33 PM IST
Author: Odishatv Bureau | Credit: WIKIPEDIA
Finance Minister Nirmala Sitharaman will present the Union Budget for the current financial year on July 23.
Author: Odishatv Bureau | Credit:
In the 2023 budget, the Ministry of Education saw a significant boost with an allocation of Rs 1,12,899 crore, marking a 13% increase.
Author: Odishatv Bureau | Credit: UNSPLASH
Stakeholders expect an increase in education funds as compared to the previous year.
Author: Odishatv Bureau | Credit: UNSPLASH
The budget allocation will be extended towards the implementation of various initiatives of the Central government.
Author: Odishatv Bureau | Credit: SHUTTERSTOCK
Skill development programmes: Investment here could focus on digital infra and upskilling, thus enabling students to learn enhanced technologies.
Author: Odishatv Bureau | Credit: UNSPLASH
Support for EdTech: EdTech companies need financial aid to provide online education at a lower cost.
Author: Odishatv Bureau | Credit: UNSPLASH
Decreased interest rates: An increase in funds will enable low-interest education loans, encouraging more students to opt for higher education.
Author: Odishatv Bureau | Credit: UNPLASH
Investment in rural education: India has gradually improved its rural literacy programmes. With the allocation of more funds, more such initiatives can take place.
Author: Odishatv Bureau | Credit: MoE
Opening science labs: Government colleges will use the funds to improve laboratories and equip them with better gadgets.