Budget 2023: Highest Allocation Ever, says Education Minister
Union Budget 2023-24 was presented by the government today. Ministry of Education has been allocated Rs 112899.47 crore, i.e., a jump of 13% over last year. The Department of School Education has been allocated Rs 68,804.85 crore and Department of Higher Education gets Rs 44,094.62 crore.
While lauding the budget, Union Minister for Education and Skill Development & Entrepreneurship Dharmendra Pradhan described it as inclusive, people-centric and growth-stimulating budget. He said that this AmritKaal Budget includes everyone, empowers poor & middle class, reaches the last mile and brings cheer to all.
Highlights of Budget:
- Teachers’ Training will be re-envisioned through innovative pedagogy, curriculum transaction, continuous professional development, dipstick surveys, and ICT implementation. The District Institutes of Education and Training will be developed as vibrant institutes of excellence for this purpose.
- Setting up of a National Digital Library for Children and Adolescents for facilitating availability of quality books across geographies, languages, genres and levels, and device agnostic accessibility. States will be encouraged to set up physical libraries at Panchayat and ward level.
- To build a culture of reading and to make up for pandemic-time learning loss, the National Book Trust, Children’s Book Trust and other sources will be encouraged to provide and replenish non curricular titles in regional languages and English to these physical libraries. Collaboration with NGOs that work in literacy will also be a part of this initiative. To inculcate financial literacy, financial sector regulators and organizations will be encouraged to provide age-appropriate reading material to these libraries.
Highlights of Budget 2022-23 – Department of School Education & Literacy
- There has been an overall increase of Rs 9752.07 cr (16.51%) in the Budget Allocation of Department of School Education & Literacy in the FY 2023-24 from FY 2022-23 (RE).
- The overall Budget Allocation in FY 2023-24 is Rs 68804.85 cr out of which Scheme allocation is Rs 54374.48 cr and Non- Scheme allocation is Rs 14430.37 cr.
- Budget Allocation for FY 2023-24 in the Flagship Scheme of PM Poshan has increased by Rs 1366.25 cr (13.35%) from Rs 10233.75 cr in BE 2022-23 to Rs 11600.00 cr in BE 2023-24.
- Budget Allocation for FY 2023-24 in the Scheme of PM SHRI has increased by Rs 2200.00 cr (122.22%) from Rs 1800.00 cr in BE 2022-23 to Rs 4000.00 cr in BE 2023-24. Under the scheme there is provision of setting up of more than 14,500 PM SHRI Schools (PM Schools for Rising India) by strengthening the existing schools from amongst schools managed by Central government/ State/ UT Government/ local bodies.
- Budget Allocation for FY 2023-24 for the World Bank aided Scheme of STARS has increased by Rs 250.00 cr (45.45%) from Rs 550.00 cr in BE 2022-23 to Rs 800.00 cr in BE 2023-24.
- Budget Allocation for FY 2023-24 in the Scheme of NILP has increased by Rs 30.00 cr (23.62%) from Rs 127.00 cr in BE 2022-23 to Rs 157.00 cr in BE 2023-24.
- Budget Allocation for FY 2023-24 in the Flagship Scheme of Samagra Shiksha has increased by Rs 70.11 cr(0.18%) from Rs 37383.36 cr in BE 2022-23 to Rs 37453.47 cr in BE 2023-24.
- Allocation in KVS has increased by Rs 713.98 cr (9.33%) (from Rs7650.00 cr in BE 2022-23 to Rs 8363.98 cr in BE 2023-24) and in NVS by 1371.50 cr (33.32%) (from Rs4115.00cr in BE 2022-23 to Rs 5486.50 cr in BE 2023-24).
Highlights of Budget 2023-24 – Department of Higher Education
- In order to implement the NEP 2020 in true spirit, the best Institutions and Universities of the country, under the central government, have been given an additional Rs 4235.74 crores, which is an increase of 12.8 % over their allocation last year.
- In BE 2023-24 Grant or UGC has been increased by 9.37% i.e. an increase of 459 crores.
- Grant to CU have been increased by 17.66 %, Deemed University by 27%, support to IITs have been increased by 14%, and to NITs by 10.5% as compared to BE 2022-23. Also IISC, Bangalore’s Grant has been increased by 15%.
- In BE 2023-24 for Prime Minister Research Fellowship (PMRF) an amount of Rs 400 Crores has been provided as compared to Rs 200 Crores in BE 2022-23 i.e. 100% increase.
- 3 Centres of Excellence will be set up in educational institutions to “Make AI in India and Make AI work for India.”
- CoEs will implement the NEP 2020 vision of multidisciplinary research in agriculture, health and sustainable cities. It will also help premier educational institutions to transform research to cutting edge technology and replicate it to saleable problem solving for a country of our size and diversity.
- National Data Governance Policy-unleash innovation and research by start-ups and academia, a National Data Governance Policy will be brought out. This will enable access to anonymized data and will help drive ‘Anusandhan’ across HEIs.
- 100 labs for developing apps using 5G services will be set up in HEIs., to realize new range of opportunities, business models and employment potential.
- Recognizing the pioneer role of the IITs in research excellence in the country, the FM announced that a research and development grant for indigenous production of Lab Grown Diamond (LGD) seeds and machines will be given to one of the IITs for 5 years This will ensure an industry led research and innovation effort, with direct impact on exports, employment generation and India’s share in the world trade in this sector.
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