Tag: Budget 2024

NEW DELHI: Finance Minister Nirmala Sitharaman presented the Interim Budget 2024-25 today. The budget outlined the government’s agenda for the remaining term. During her budget speech in Parliament, FM Sitharaman emphasised on the growth of higher educational institutions, the rise in the number of women enrolling in STEM courses over the past decade and the National Education Policy (NEP) 2020 driving significant transformative changes.Additionally, her speech also indicated that the government is planning to establish more medical colleges. Let’s shed some light on what Sitharaman said about the Modi government’s future roadmap for the education sector and what all has ... Read more

Union Finance Minister Nirmala Sitharaman will present the Interim Budget 2024-25 on February 1. The full Budget for FY25 will be presented after the formation of the new government following the general elections. The Interim Budget will contain details about the estimated receipts and the expenditure of the government until the formation of the new government. Here is what experts expect for the education sector from the Interim Budget: Viksit Bharat Galgotias University CEO Dr Dhruv Galgotia said he eagerly anticipates a budget that not only prioritises education but harmonises seamlessly with the ambitious Viksit Bharat vision. Galgotia further expressed ... Read more

NEW DELHI: The Indian government has initiated several measures and reforms to implement the National Education Policy (NEP) 2020. In continuation of these efforts, further assistance is expected in the forthcoming budget 2024.To encourage learner-centric education, the National Credit Framework (NCrF), National Higher Education Qualification Framework, Academic Bank of Credit (ABC), and multiple entry/exit schemes have been introduced. Currently, over 1600 universities and colleges, along with more than 2.75 crore students, have enrolled on the ABC platform. Going ahead, there will be a requirement for the dissemination of information, providing support to educational institutions, and enhancing the functionalities of the ... Read more

In 2023, Finance Minister Nirmala Sitharam conveyed to the public that significant announcements should not be anticipated in the upcoming interim Budget for 2024. Over the recent financial years, there has been a substantial increase in funds allocated to education, focussing on expanding outreach, enhancing skill development, and improving educational quality.The imminent interim Budget for this year will signify the 10th budget announcement by the Bharatiya Janata Party. Ahead of the unveiling of the Interim Budget on February 1, 2024, let’s retrospectively examine the highlights of India’s education budget spanning from the fiscal year 2014-15 (FY15) to 2023-24 (FY24).Education Budget ... Read more

Union Finance Minister Nirmala Sitharaman will present present the Interim Budget 2024-25 on February 1. The full Budget for FY25 will be presented after the formation of the new government following the general elections. This Budget will contain details about the estimated receipts and the expenditure of the government until the formation of new government.  In the financial year 2023-24, education sector received it’s highest-ever allocation of ₹1.12 lakh crore against FY 2022-23 budget allocation of ₹1.04 crore. FY 2023-24 budget included ₹68,804 crore allocation for school education, ₹44,094.62 crore allocation for higher education and ₹37,453 crore allocation for the ... Read more