Budget 2024: Affordable loans, investment in research & digital infra—education sector's wish list for FM Sitharaman
₹1.12 lakh crore, compared to ₹1.04 lakh crore in FY 2022-23. The budget for FY2023-24 earmarked ₹68,804 crore for school education, ₹44,094.62 crore for higher education, and ₹37,453 crore for the Samagra Shiksha Abhiyan (SSA).
Experts urge the newly elected government to increase investments in skill development and focus more on digital infrastructure.He added, “To supplement the objectives of the NEP (National Education Policy), digitalisation should be at the forefront, ensuring greater access to meaningful and affordable educational resources tailored to their needs."Rajamani made note of the following expectations from the Union budget:“The National Research Foundation (NRF) should play a pivotal role in addressing these gaps. More schemes specifically targeting the academia-industry collaborations is the need of the hour," Rao added.
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