Union Budget 2021: Rs.93224.31 cr allocated for education

Budget 2021: Education allocation slashed by Rs. 6088 cr

February 1, 2021

While presenting the Union Budget 2021, Finance Minister Nirmala Sitharaman announced that Rs. 93,224.31 crore has been allocated for education this year — Rs 6,088 crore less than in 2020 (Rs 99,311 crore). She also highlighted the implementation plan of the National Education Policy, the establishment of a central university in Leh as well as the need to focus on digital infrastructure.

Here are the key highlights:

Education
Union Budget 2021: Rs.93224.31 cr allocated for education

Source: indiabudget.gov.in

  • More than Rs 35,000 crore has been allotted by the government over 6 years to revamp Post-Matric scholarships to help 4 crore Scheduled Caste students.
  • 100 Sainik schools to be set up.
  • 750 Eklavya schools to be set up in tribal areas.
  • An ‘umbrella’ structure will be created for central higher education institutions in various cities.
  • Central University will come up in Ladakh. 
  • Over 15,000 schools will be strengthened under NEP 2020.
  • Regional national institutes for virology will be set up.
  • Mission Poshan 2.0 will be formed by merging the Supplementary Nutrition Programme with Poshan Abhiyan. The SNP is delivered through Anganwadis, or early childhood care and education centres.
Union Budget 2021: Rs.93224.31 cr allocated for education

Source: indiabudget.gov.in

Skills
Union Budget 2021: Rs.93224.31 cr allocated for education

Source: indiabudget.gov.in

  • The Apprenticeship Act will be amended to increase opportunities for students and will be realigned for providing post-education apprenticeship. Rs 3,000 crore has been allotted. The training of graduates and diploma holders in engineering will be trained under the scheme.
  • Partnership with UAE and Japan in area of skill development and recognition.
  • A new portal has been proposed to collect info on gig-workers, building and construction workers, among others.
Research & development (R&D)
  • National Research Foundation (NRF) to get an outlay of Rs 50,000 crore over five years to strengthen research and focus on the national priority trust area. 
  • National Language translation mission to translate policy-related information that will be available on the internet in regional languages.
  • Deep Ocean Mission for ocean exploration and biodiversity conservation

Also read:

Budget 2021 expectations: Here’s what experts have to say

Union Budget 2020-21: Small change for human capital development

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