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Budget 2020: Nirmala Sithraman Announces Rs 99,300 Crore For Education Sector

Nirmala Sithraman also said that a New Education Policy will be announced soon, adding that 'external commercial borrowings and FDI to be leveraged to improve the education system.'

Budget 2020: Nirmala Sithraman Announces Rs 99,300 Crore For Education Sector
Finance Minister Nirmala Sitharaman
Budget 2020: Nirmala Sithraman Announces Rs 99,300 Crore For Education Sector
outlookindia.com
2020-02-01T12:27:19+05:30

Finance Minister Nirmala Sithraman on Saturday announced the government had allocated Rs 99,300 crores for the year 2020-21.

"We propose Rs 99300 crores for the education sector in 2020-21 and Rs 3000 crores for skill development," Sitharaman said while presenting the second union budget of Modi's re-elected government.

She also said that a New Education Policy will be announced soon, adding that "external commercial borrowings and FDI to be leveraged to improve the education system."

In a major development, she said that full-fledged degree level online courses will soon be offered by the top educational institutions in the country.

"Degree-level full-fledged online education programme to be offered by institutes in top 100 in National Institutional Ranking Framework," Sitharaman added.

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