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Home » Featured » Union Budget 2019: 400 Crores For Making India The ‘Hub Of Higher Education’

Union Budget 2019: 400 Crores For Making India The ‘Hub Of Higher Education’

by Mamona Majumder
July 5, 2019
in Featured
Reading Time: 2 mins read
0

Major changes to look forward to in the Indian school and higher education. As the Union budget 2019 rolled out on July 05, 2019, today, finance minister Nirmala Sitharaman proposes ways to channel foreign students to India.

Highlights of Union Budget 2019 in the Educational Sector

– Making India a ‘Hub of Higher Education’ with the start of the ‘Study in India’ program.
– To make India ready for the future by introducing AI and robotics at the school level.
– Introducing the Higher Education Commission of India this year ahead
– Focus is on youth employment-centric education

Rs. 400 Crores have been allocated to formulate a new policy for India’s education that will bring about drastically improved outcomes. The setting up a National Research Foundation is one of the major agendas. The focus is majorly on youth and youth employment.

Finance Minister Nirmala Sitharaman said that 5 years back there was no single Indian Institution in the top 200 global rankings. However, with efforts, we have now 3 institutions, 2 IITs and IISC Bangalore in the top 200 global rankings. This is an open window to achieve more.

For the year 2019-20, an amount of Rs. 400 crore is being provided under the head “World Class Institutions”, more than 3 times the revised estimates of the previous year.

She claims that India has the potential to become a hub of higher education. She, therefore, proposes to start the program “Study in India” that focuses on bringing the foreign students in India’s Higher education.

The regulatory systems of higher education would be reformed too. A proposal for setting up a Higher Education Commission of India will be proposed in the year ahead too.

The focus on school education is towards making them future ready. The aim is to make the schools of the nation familiar with research, robotics and AI.

She said that AI and robotics are highly valued outside India. Introduction of these now can ensure that our youth to secure high paying jobs across the globe.

National sports education board to be set up. The idea is to expand the Khelo India Scheme.

With big reforms on its way this year under the Union Budget for the educational sector the hopes are high. The Finance Minister also said that whatever is the plan and scheme it is all “gaon, gareeb aur kisaan” centric.

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Mamona Majumder

Hi, this is Mamona. Here to provide latest and authentic updates on education. A firm believer of "education is the most powerful weapon we can use to change the world", wise words by Nelson Mandela.

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