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Finances-2020: What budgetary proposal did Finance Minister Nirmala Sitharaman put to advertise schooling sector | Union Finances 2020: Finances Highlights and Nirmala Sitharaman Announcement for New Schooling Coverage

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India

oi-Bavita Jha

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Published: Saturday, February 1, 2020, 12:29 (IST)

new Delhi. In the Budget 2020, the Finance Minister has made several announcements to promote and strengthen the field of education. The Finance Minister said that India will be the largest country in times to come and a new education policy will be announced soon. He said that 150 higher educational institutions would be started in the country by March 2021. He said that skilled training will be imparted in these institutes to be opened in the country. He said that a degree level online scheme for quality education will be started.

  Union Budget 2020: Budget Highlights and Nirmala Sitharaman Announcement for New Education Policy

Know what came out of the Finance Minister's box for the field of education …

The Finance Minister has allocated 99300 crores for the field of education. The Finance Minister has allocated Rs 94,853.64 crore for the education sector in the financial year 2019-20.

A National Forensic Science University has also been proposed.

Medical college will be opened with every district hospital.

3000 crores have been allocated for skill development.

A total of Rs 4,600.66 crore was allocated to UGC.

A budget of Rs 6,409.95 crore has been allocated for the IITs. A budget of Rs 445.53 crore was allocated for IIM).

An allocation of Rs 899.22 crore has been made for the Indian Institute of Science, Education and Research. 400 crore has been allocated for setting up world class educational institutions.

The 'Study in India' program was announced to attract foreign students.

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