Budget 2019: What to expect for the education sector

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Budget 2019: What to expect for the education sector

Budget 2019: What to expect for the education sector
July 04
05:30 2019

By – Aishwarya AVSK

With the Union Budget 2019-20 round the corner, Finance Minister Nirmala Sitharaman faces some of the biggest challenges that she has to stand up to. Sitharaman, who is the first female Finance Minister is almost five decades, was greeted with India’s worst economic news of the year as soon as she took charge as the FM on May 31.

The country’s unemployment rate was the highest in the last 45 years, and India also lost the tag of being the fastest-growing economy to China in the last quarter of the fiscal year.This year’s Union Budget also focuses on the Education and Skill Development sectors. The Annual Survey of Education Report 2018 finds that the overall enrollment of students aged between 6 to 14 years is above 95 per cent, while the percentage of students not enrolled in schools is 2.8.

The survey also found out that most students are not able to read or do basic mathematics expected at their levels, which shows improvements are needed in the basic quality of teaching and learning.

While the Union Budget might throw a light on the education sector this year, here’s a look at how the education sector has been highlighted in previous three years’ budgets:

2018: Then Finance Minister Arun Jaitley announed an overall allocation of Rs 1.38 lakh crore for 2018-19 in the health, education, and social security sectors. He also proposed to launch the Revitalising of Infrastructure and Systems of Education (RISE) by 2019. Jaitley also put forward Modi government’s stress on digital education, adding that there will be move from blackboard to digital boards in schools. Another key announcement made in this budget was Diksha programme, under which 13 lakh untrained teachers were to get formal training. The Prime Minister’s Research Fellow Scheme was also announced which will identify 1000 B.Tech students to do PhD at IITs and other prestigious institutions.

2017: When Arun Jaitley presented the budget in 2017, it was predicted that some new announcements were in line, but it was nothing much to cheer about. Rs 79,686 crore was allocated to the education sector. Jaitley allocated 3.711 per cent of the budget to education sector as compared to 3.653 per cent of last budget. However, setting up of two new AIIMS in Gujarat and Jharkhand were announced in this budget. The SWAYAM platform was also announced, which will offer at least 350 online courses.

2016: The education sector was listed among the “nine pillars” in this year’s budget. The Finance Minister allocated Rs 72,394 crore, which was 4.9 per cent increase from the previous year’s budget. Rs 43,554 crore was allocated for the school education, while Rs 28,840 crore was announced for the higher education. In addition, the FM also announced the opening of 62 Navodaya Vidyalayas to provide quality education and increase enrollments.

picture courtesy ; GOOGLE

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