India’s education sector pins its hopes on Finance Minister Nirmala Sitharaman

Feb 1, 2021

By: Sanchita Dash

Budget 2021 will be presented today by Finance Minister Nirmala Sitharaman

…and one of the sectors in focus would be education.

Credit: BCCL

Education is 2020’s most transformed sector due to the COVID-19 pandemic

Schools and colleges in India have been shut for over a year now, and hope for more investments to drive reform as they are all set to re-open.

Credit: BCCL

The Budget 2021 is expected to further hike the allocation for education

Here’s a look at the funds allocated to the sector in the last five years.

Credit: Business Insider India

FM needs to allocate 6 percent of GDP to education

Currently, public expenditure on education stands at 4.4 percent of GDP.

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Further action on the National Education Policy implemented in 2020

Union Budget 2021 should bring out guidelines for an implementation plan for NEP.

Credit: BCCL

Edtech era cannot be forgotten

2020 changed the way Indian learns, as online education and edtech startups became the need of the hour.

Credit: BCCL

Private capital has been pumping in money

Indian edtech startups have raised over $2 billion in 2020.

Credit: Business Insider India

FDI in education

The sector also expects the government to share the burden of funds, and make way for foreign direct investments.

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It’s time for government to push for digital infrastructure in education

Internet, smartphones or computers must be made ‘more’ available across the country to bring in inclusivity

Credit: BCCL

During the Atmanirbhar Bharat Abhiyan announcements, FM pushed for tech in education

From the PM e-Vidya programme to a television channel for students, as well as initiative for mental health -- Manodarpan were a part of her announcements.

Credit: BCCL

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