aglasem
  • Home
  • Entrance Exams
  • Competitive Exams
  • School Boards
  • University & Colleges
No Result
View All Result
aglasem
  • Home
  • Entrance Exams
  • Competitive Exams
  • School Boards
  • University & Colleges
No Result
View All Result
aglasem
No Result
View All Result

150 HEIs To Start Apprenticeship, Internship To Improve Employability Of Students: Union Budget 2021

Finance Minister Nirmala Sitharaman proposed a budget of Rs.3000 crore for the students' skill-development purpose to increase their employability chances.

by Sagarika
February 4, 2021
in University & Colleges
Reading Time: 2 mins read

Nirmala Sitharaman, the Indian Finance Minister announced the allotting of Rs.99,300 crore entirely for the education sector during the announcement of Union Budget 2021 on February 1, 2021. Subsequently, she announced that 150 higher educational institutions (HEIs) shall start apprenticeship courses in the financial year 2020-21. Along with degree/diploma courses, carious urban local bodies shall provide relevant internship opportunities to engineers who just graduated from institutes across the country. The primary motive is to unite student skill sets with employer standards.

The Union Budget 2020 chalked out Rs.99,300 crore to the education sector of the country. The sector is representative of three themes namely Aspiration, Development and Compassion. The finance minister acknowledged that by 2030, Indian shall have the largest workforce. Hence, for addressing the issue of employability of students, Rs 3,000 crore has also been proposed solely for the skill-development purpose of students to increase their employability chances and acquire suitable jobs.

The Finance Minister also introduced a new education policy that shall play be instrumental in reforming the education system and students’ employability. According to the education policy, 150 Higher Education Institutes shall provide apprenticeship-based degree or diploma courses in the financial year 2020-21. The minister also proposed that a program shall be organised among local urban bodies across India to provide relevant internship opportunities to fresh engineers for a 1-year period. The reform shall result in industrial readiness and acquisition of new-age skill set.

The budget 2020 also proposed the digitalisation of education system. Entirely online programs at the degree-level shall be offered by top 100 ranking institutes for students belonging to the deprived sections of the society. These institutions are mentioned in the framework of National Institute Ranking. Similarly, under the ‘Study in India’ programme, an examination called ‘Ind-SAT’ is proposed to be organised in Asian and African countries. This exam shall aim at evaluating foreign students who have received scholarships for studying in Indian Higher Education institutions.

The Union Budget 2020 also proposed to leverage ECBs (External Commercial Borrowings) and Foreign Direct Investments (FDIs) for financing educational infrastructure. This shall be done to provide higher quality education and support Indian institutions in matching world-class education standards. Apart from these proposals, other reforms suggested in the budget included special bridged courses for nurses, paramedical staff and caregivers, national mission on quantum technologies, various courses for resident doctors.

The primary motive of the budget was to increase the employability of students and giving them relevant skillset. For this, along with apprenticeship, the government also has proposed internship programs across the country for fresh engineering graduates.

Tags: Draft National Education PolicyEducation in IndiaHigher Education in India
Previous Post

WBJEE 2021 Exam Date Announced; To Be Held on 11 July

Next Post

JNVs will reopen schools as per Ministry of Education SOPs

Related Posts

University & Colleges

KIIT Ranks No. 1 in Odisha, Gains Global Spotlight in QS World University Rankings 2026

June 20, 2025
University & Colleges

Galgotias Joins Global Elite in QS World University Rankings 2026

June 20, 2025
University & Colleges

Tragic Incident at KIIT University Sparks Debate on Responsibility and Stability

March 3, 2025
University & Colleges

Bharati College (Delhi University) Launches Digital Marketing Course with AI Tools

January 11, 2025
University & Colleges

SRCC Placement Cell Achieves Record-Breaking Milestones in 2023-24 Placement Season

December 3, 2024
University & Colleges

KIIT Ranked 4th Best in India, 92nd Worldwide in Times Higher Education’s First Interdisciplinary Science Rankings 2025

November 25, 2024
Next Post
TS SSC Results 2021

JNVs will reopen schools as per Ministry of Education SOPs

New

Explore a Wide Variety of Casino Games and Sports Betting on 1win for Indian Players

May 27, 2025

US University Names Research Institute After Indian Educator Dr. Achyuta Samanta

May 22, 2025

THE Asia University Ranking 2025 Announced – KIIT Climbs to 184th in Asia; Secures 8th Spot in India

April 24, 2025
NEET UG 2022 Exam Date Application Form Latest News by NTA Today

Prof. Achyuta Samanta’s Lifelong Contribution to Healthcare: From Personal Struggles to National Impact

April 7, 2025

10 Galgotias University Students Win Global Recognition in Apple’s Swift Student Challenge 2025

April 5, 2025

Entrance Exams

  • Agricultural Entrance Exams
  • Architecture Entrance Exam
  • Arts and Humanities Entrance Exams
  • Commerce Entrance Examinations
  • Common Entrance Examinations
  • Computer Application Entrance Exams
  • Design Entrance Exams
  • Education Entrance Exams
  • Engineering Entrance Exams
  • Hotel Management Entrance Exams
  • Law Entrance Exams
  • MBA Entrance Exams
  • Media & Journalism Entrance Exams
  • Medical Entrance Exams
  • Nursing Entrance Exams
  • Pharmacy Entrance Exams
  • Science Entrance Exams
  • Diploma & Polytechnic
  • Lateral Entry

Helpful Resources

  • Class Notes
  • NCERT Solutions
  • NCERT Books
  • HC Verma Solutions
  • Courses After Class 12th
  • Previous Year Question Papers
  • More Study Material

Free Mock Tests

  • Agricultural Exams
  • Architecture Exams
  • Education Exams
  • Engineering Exams
  • Law Exams
  • MBA Exams
  • Medical Exams
  • Pharmacy Exams
  • Science Exams
  • More Mock Tests

Entrance Exams

  • Agricultural Entrance Exams
  • Architecture Entrance Exam
  • Arts and Humanities Entrance Exams
  • Commerce Entrance Exams
  • Common Entrance Exams
  • Computer Application Entrance Exams
  • Design Entrance Exams
  • Education Entrance Exams
  • Engineering Entrance Exams
  • Disclaimer
  • Terms of Use
  • Privacy Policy
  • Contact

© 2020 aglasem.com

  • Home
  • Entrance Exams
  • Competitive Exams
  • School Boards
  • University & Colleges

Discover more from AglaSem News

Subscribe now to keep reading and get access to the full archive.

Continue reading