The estimated budget allocated for the education sector in the Union Budget 2022 is Rs 1,04,277.72 crore which is an increase of Rs 11,053.72 crore from FY20-21 the allocated budget for education was Rs 93,224 crore. Rs 63,449.47 crore has been allocated to the Department of School Education and Literacy whereas Rs 40,828.35 crore has been allocated to the Department of Higher Education.
While presenting the Union Budget 2022 for the education sector in the Parliament, the finance minister Nirmala Sitharaman focused on the skill development and provision of world-class education to students across the country for the education sector.
Sitharaman announced the launch of a digital ecosystem for skilling and livelihood (DESH-Stack e-portal) to promote online training along with the formation of a digital university to establish a world-class education ecosystem.
The digital university will impart teaching in regional languages and ICT (information and communication technology) formats. It will be built on a networked hub-and-spoke model and collaborate with other central universities to offer the necessary digital training and infrastructure. Sitharaman further added, the National Skill Qualification Framework (NSQF) will be aligned with the needs of a dynamic industry.
The budget highlighted the importance of digital learning for students which has been affected due to the prolonged closure of schools and colleges. To fulfill this loss of learning due to pandemics, Sitharaman announced the One Class One TV channel program to be expanded to 200 TV channels under the PM e-vidya scheme to provide supplementary education to rural students.
The finance minister also mentioned setting up foreign universities to offer courses on management, fintech, science, technology, and mathematics. The syllabus of Agricultural University will be revised to promote the need for natural, zero-budget, and organic farming.
Moreover, the budget focused on the skill development wherein the startups will be encouraged to facilitate Drone Shakti for Drone-As-A-Service. And all state ITIs will include new skill development courses to empower the youth of the country with the latest skills. The budget further highlights the implementation of virtual labs and skilling e-labs to promote critical thinking skills and stimulate a learning environment.
Courtesy career 360
