Budget 2019 Highlights for Education

Budget 2019 Highlights for Education

Budget 2019 Highlights for Education

Highlights for Education

  • National education policy is going to propose major changes in both secondary and higher education.

  • Swayam Initiative – Digital education shall be promoted.

  • Greater focus on research and development – National Research Foundation would fund and promote research – the pooling of research grants from various ministries as well as disbursing them, preventing duplication of research projects.

  • For the Youth – New national educational policy for transforming the Indian education system.

The Finance Minister Nirmala Sitharaman had made her maiden budget of the Modi 2.0 Government in the Lok Sabha on July 5, 2019, in the Parliament. In her speech during the Union Budget presentation in Parliament, Finance Minister Nirmala Sitharaman stated that the National educational policy would transform India’s higher education system to one of the world’s best educational system.

The Finance Minister Nirmala Sitharaman had announced that the government would bring in a new National Education Policy with the goal of transforming the higher education system in the nation. Under the proposed new policy, major changes were envisaged for both schools as well as higher education. The other prominent goals of the policy consist of a better system for governance and more strong focus on innovation and research. 

National Research Foundation

The proposed body would fund, coordinate and promote research-related activities in the nation. It would assimilate the research grants being given by means of various Ministries independent of each other. It is intended at ensuring that India's research ecosystem reaches the next level on the back of a renewed focus.

More money for top centres

Nirmala Sitharaman had announced an amount of Rs. 400 crore under a head titled "World Class Institutions" for 2019-20. This signifies a three-time increase over the revised estimates for the previous year. It is part of an effort for getting more Indian institutes into the global high league. 

Study in India

The budget proposed towards initiating a programme named ‘Study in India’. As part of India's efforts to become a higher education hub, the new programme would make an attempt to bring in foreign students for higher education in India. 

Big reforms on cards

The Finance Minister Nirmala Sitharaman had announced in her budget speech that the regulatory mechanism of higher education in India would be completely reformed. The idea is to focus on better academic outcomes. As per a budget announcement, a draft law on setting up a Higher Education Commission of India would be brought during the year ahead. 

Make them job ready

For making the Indian youth ready to take up jobs in foreign countries, there shall be now a renewed focus on imparting relevant skills towards the students. These would include a focus on new age skills like artificial intelligence and robotics and language training.
Nirmala Sitharaman had also announced that Internet of Things, Big Data, 3D Printing, Virtual Reality would also be part of new training programmes.

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eStartIndia Team

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