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Education Sector Seeks Higher Allocation, NEP Implementation in Budget

Published On : 2024-02-01T14:52:30+0530 [ IST ] | Author : Mayur_Tembhare
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FM Nirmala Sitharaman with Budget 2024

FM Nirmala Sitharaman with Budget 2024



India / New Delhi :

The education sector expects higher budgetary allocation and effective implementation of the National Education Policy (NEP) in the upcoming budget. Specific demands include tax incentives for education spending, funds for digital infrastructure in schools, and skilling programs to improve employability.

Over 1,200 students are being hired for internships and entry-level jobs daily in 2023, indicating improved campus recruitment amid economic recovery. However, experts argue that more budgetary support is required for education and job creation, especially for the youth.

There are also calls for lower tax brackets for spending on education. The education sector saw a muted growth of 4.5% in budget allocation last year. Key players are hoping for a boost in funds and tax incentives this time.

Top education portal Careers360 will live stream the budget presentation by Finance Minister Nirmala Sitharaman. The education sector will closely watch if the budget delivers on implementation" target="_blank">NEP implementation and makes education more accessible and affordable.


Source : Sansad TV


Tags : skilling programs , NEP implementation , tax incentives , education budget , digital infrastructure ,


Summary : The education sector expects higher budget allocation, tax incentives, funds for digital infrastructure in schools, and effective implementation of the National Education Policy to improve quality and access.



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