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Jan 30, 2025 11:22 AM IST
Union Budget 2025: Finance Minister Nirmala Sitharaman is expected to significantly increase education spending beyond the current levels to bring India closer to the NEP’s target of 6%.
Union Budget 2025: The upcoming budget presents an opportunity for the government to make bold investments that can transform India’s education landscape for the future.
As India gears up to present the Union Budget 2025 on Saturday, 1 February, the education sector remains one of the key areas of focus. Finance Minister Nirmala Sitharaman is expected to significantly increase education spending beyond the current levels to bring India closer to the NEP’s target of 6%. Different stakeholders in the sector are anticipating higher budgetary allocations and other supports to enhance school and higher education, skill development, and research.…Read More
Increased digital learning and infrastructure investment can help reduce the urban-rural education divide gap. Strengthening internet connectivity and providing students with digital devices can help achieve inclusive and equitable access to education. There is also a need to spend more on vocational training and skill development programs, particularly in emerging areas like AI, green energy, and financial technology.
Scholarship programs and interest-free education loans for economically weaker students would also be welcome measures. The upcoming budget presents an opportunity for the government to make bold investments that can transform India’s education landscape for the future. Follow this blog to know the expectations of various stakeholders in the field of education from the Union Budget 2025.
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Jan 29, 2025 9:04 PM IST
Union Budget 2025: Need to address challenges facing India’s higher education
Professor Ramgopal Rao, Vice-Chancellor, BITS Pilani: “The Union Budget 2025 presents a pivotal opportunity to address some of the chronic challenges facing India’s higher education sector. With over 800,000 students expected to travel abroad for higher education in 2025, costing Indian households nearly USD 70 billion, it’s imperative for India to focus on creating world-class educational institutions at home. Increasing budgetary allocations for higher education is essential to enhance accessibility, equity, and excellence, helping us move closer to the National Education Policy (NEP) 2020 goal of a 50% Gross Enrollment Ratio (GER).
To stem the ongoing brain drain, we need strategic investments to make Indian universities globally competitive. This includes funding for Indian institutions to establish overseas campuses, granting them greater autonomy in administration and recruitment, and adopting outcome-based funding models tied to research and innovation output. A strong research ecosystem, supported by substantial grants and philanthropic incentives, is critical. Moreover, improving faculty quality by recruiting and retaining highly skilled educators across institutions will help bridge the gap between elite and Tier-2 colleges.
By empowering institutions to innovate and expand without bureaucratic hurdles, the government can create an inclusive and dynamic higher education landscape that retains top talent and propels India into the league of global education powerhouses.”
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