New Delhi | Jagran Business Desk: The finance minister Nirmala Sitharaman in her budget speech on Saturday said that Rs 99300 crore has been proposed for the education sector. Steps will be taken to deliver higher quality education.
"By 2030, India is set to have the largest working-age population in the world. We propose a total outlay of Rs 99,300 crore for the education sector in 2020-21," she said.
She said that about 150 higher educational institutes will start apprenticeship embedded degree and diploma course by March 2020-21 to increase emplyment opportunities of students in the general stream.
"Steps will be taken to enable sourcing external commercial borrowings and Foreign direct investment to ensure a greater inflow of finance to attract talented teachers, innovate and build better labs,"she stated.
Sitharman went on to say full=-fleged online education program will be started to provide quality education to students of deprived section as well those who have access to higher education.
Sitharaman also announced the introduction of 'Ind-SAT', an exam for Asian and African countries to help make India a higher education destination.
The finance minister said that new courses will be introduced in 150 universities by 2026 and that degree-level full-fledged online education programme will be offered by the top 100 institutions.
The government also proposed Rs 3,000 crore for 'Skill India' to provide relevant skill training to the youth in the country, said Finance Minister Nirmala Sitharaman on Saturday.
"There is a huge demand for teachers, paramedical staff and caregivers in foreign countries. However, their skills do not match in accordance to demand by employers. So, my government proposes Rs 3,000 crore for skill development," she said during the 90th Budget presentation.
The program was launched in July 2015 by Prime Minister Narendra Modi. It aims to train over 40 crore people in the country in different skills by 2022.
(with PTI inputs)
Posted By: James Kuanal