Budget 2017 - Finance Minister Arun Jaitley presented the Union Budget as per schedule on February 1.
Business Standard presents some key takeaways for the education sector from the Union Budget 2017:
- Two new AIIMS institute in Jharkhand and Gujarat
- Take steps to increase post-graduate seats for medical sciences
- Proposal to launch a system of measuring learning in schools. Emphasis on science education and flexible curriculum.
- Focus will be the 3,479 educationally backward blocks where the government proposes to introduce the practise of measuring annual learning outcome in schools.
- Certain colleges and institutions to be identified and granted an autonomous status based on accreditation.
- Use of DTH channels to link online courses available on the Swayam platform, that will offer 310 online courses, to enable student access high-quality education resource.
- A national agency to be instituted that will be in-charge of conducting all entrance exams for higher education. This would free the CBSS and ISCE from their current administrative responsibilities and focus on improving academic milieu.
- Pradhan Mantri Kaushal Kendras to be extended to more than 600 districts across the country. 110 centres to be opened to help youth get access to employment opportunities abroad.
- Rs 2,200 cr to be set aside for investment in vocational training.
- Innovation Fund for secondary education to be created.
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