Union Budget 2022-23: Expectations From Education Sector
NDTV
Union Finance Minister Nirmala Sitharaman will present the Budget 2022-23 on February 1. Ahead of the most important financial event of the year, education sector has very high hopes as last year there was a reduction of 6 per cent in the annual allocated spending.
New Delhi: Union Finance Minister Nirmala Sitharaman will present the Budget 2022-23 on February 1. Ahead of the most important financial event of the year, education sector has very high hopes as last year there was a reduction of 6 per cent in the annual allocated spending.
The Budget for the sector was slashed from Rs 99,311 crore in 2020-21 to Rs 93,224 crore in 2021-22.
Here are the expectations from this year's Budget:
"At least 8-9 per cent of GDP (gross domestic product) should be put aside for education. More allocation isn't only necessary at primary, secondary and higher education but, we need to also look at schemes for skilling our youth that is outside of the education system and make them eligible for employment opportunities currently there," Prateek Shukla, co-founder and CEO Masai School said.
