Budget 2020 allocates 99,300 crores for education sector

The Centre will soon announce a new education policy and the government has received over 2 lakh suggestions on it, Finance Minister Nirmala Sitharaman said on Saturday.

Presenting the Budget for 2020-21, Sitharaman said Rs 99,300 crore has been allocated for the education sector and Rs 3,000 crore for skill development for the next fiscal. She also said National Police University and National Forensic University are being proposed, while planning to allow degree level full-fledged online education programme by institutions ranked in top 100.

The government has also proposed to attach medical colleges with district hospitals on PPP model to deal with shortage of doctors, she added. Special bridge courses will be designed for teachers, nurses, para medical staff, caregivers, she said.

150 higher educational institutions will start apprenticeship embedded degree/diploma courses by March, 2021. Degree level online education programmes for students of deprived sections of the society  as well as those who do not have access to higher education.

Finance Minister said steps will be taken to enable sourcing External Commercial Borrowings and FDI to be encouraged for financing education infrastructure. The government will also start a program whereby urban local bodies across the country would provide internship opportunities to fresh engineers for a period of up to one year, the FM announced.

Under its “Study in India” programme, an Ind-SAT is proposed to be held in Asian and African countries for benchmarking foreign candidates who receive scholarships for studying in Indian higher education centres.

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