Tag: privatization of education sector
Maharashtra's education budget allocation declines despite increase in total funding – The Times of India
MUMBAI: While the state’s budgetary allocation for education, sports, arts, and culture in 2025-26 has risen by about Rs 7,000 crore compared to the previous year, the sector’s overall share of the total budget has been shrinking. This year, the combined allocation for these areas—falling under the broader social sector—accounts for 13.9% of the total budget, marking a nearly 4% decrease from its share in 2019-20.Last year, the state set aside Rs 98,438 crore for education and other allied sectors, of which only Rs 95,523 crore were utilised so far. In 2023-24, the state used only about Rs 91,647 crore. ... Read more