In conversation with Raj Mruthyunjayappa, MD & SVP – International Operations, Anthology Inc.
What is your opinion about the upcoming budget?
Budget 2020 saw an increased allocation for the education sector by 5% of which 40% was allocated to the department of higher education and further 6.4% of this was towards skill development. By 2030, India will have the largest working age population and with an aim to become self-reliant, focus on skill development in order to increase employability is a critical path to success.
In line with this, the new National Education Policy (NEP) recommends an increase on education spend from 10 % of total government expenditure to 20% by 2030. We are hoping to see the 2021 budget cater towards this critical suggestion made in the NEP. This budget will need to set an example of executing the NEP not just in spirit but in action.
In the upcoming budget, we hope to see not just an increase in the spend on higher education but a sense of direction towards driving the NEP to success. This will help the entire ecosystem come together and strengthen India’s education system so we become a model for the world to emulate. Anthology has always maintained that the right use of technology as a backbone is critical towards greater student success and overall development of the education system.