New Delhi: Now a few days are left to present the 2020 general budget. On February 1, Finance Minister Nirmala Sitharaman will present the budget. Experts say that this time there may be something special for the education sector in the Finance Minister's box. This time in the Union Budget, the education budget can be increased by five to eight percent.
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It is noteworthy that the Modi government has been paying special attention to education. In view of this, the possibilities of budget cuts are almost nil. Therefore, experts believe that this year the government can increase the budget of education to one lakh 35 thousand crores. The entire focus of the Modi government will be on improving the quality of education, research, innovation and skill development. The budget is expected to cover important issues like training of teachers and changes in the curriculum.
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In the year 2014, the budget of education was only 62 thousand crores. But the Modi government increased it to almost double by 2019. In the general budget of 2019-20, the Modi government had allocated Rs 95 thousand crores for education to the Ministry of Human Resource Development and Rs 30 thousand crores in Higher Education Financing Agency (HEFA). In this way, this figure of the budget had reached one lakh 25 thousand crores.
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