Union Budget 2019 on 1st February announced crucial proportion for education sector of Rs 93,847.64 crore for 2019-20 an increase of over 10 per cent from previous year Rs 85, 010 crore.
While Rs 37,461.01 crore has been dispensed for higher education, a measure of Rs 56,386.63 crore has been reserved for school education. For research and innovation, 608.87 crore are allocated with double fold increment from 350.23 crore.
Research programmes like IMPRESS, has been allotted with and Rashtriya Uchchatar Shiksha Abhiyan (RUSA) with Rs 2,100. Unnat Bharat Abhiyan has got 70 per cent increase in budgetary allocation which will help 10,000 villages to improve higher education. Also, National Education Mission fund is being increased from Rs 32,334 crore in 2018-19 to Rs 38,572 crore in 2019-20
Presenting a Interim Budget for 2019-20 in Parliament on Friday, Union Minister for Finance and Corporate Affairs Piyush Goyal proposed the dispatch of a new plan named ‘Renewing Infrastructure and Systems in Education (RISE) by 2022’ with a revenue of Rs 1 lakh crore in the following four years to enhance the interests in research and related foundation in chief instructive organizations, including healthcare establishments.
Two new ‘Schools of Planning and Architecture’ (SPA) are also proposed by the Union Minister for Finance and Corporate Affairs and 18 new establishments of IIT and NIT on challenge mode. And Rs 4900 crore allocated for UGC.
He also said that technology plays a key role in the development of quality education by moving from black board to digital screen. For which a digital infrastructure DIKSHA, has been developed, for teachers.
“A panel has been set up by the Department of Higher Education to work out the modalities to help Operation Digital Board’ in all schools and to give quality training by successful utilization of innovation and telecom benefits,” the minister said.
The budget is majorly focused on primary education and lack many key implementation for higher education, closing of lakhs vacancy of teachers in the country.