EDUCIATIONAL

SECTOR-2017

INTRODUCTION•Budget 2017 has proposed several revolution step to boost the quality of education in the interiors of the country and make the youth employable.

•Budget has emphasis on energizing the youth of the country by creating an environment conductive to

•In this year’s budget, the FM announced an allocation of Rs 79685.95Cr compared to Rs 72394Cr for last year, which is 9.9per cent increase in the education budget.Of the total outlay

,Rs.46,356.25 Cr is for the school sector and rest for

EXPERTS OPINION ON UNION BUDGET 2017 Education Sector•Dr H Chaturvedi, BIMTECH said the Finance Minister has announced policies that were already known. “Keeping in mind the need of the education sector, all committees —right from the Kothari to the TS Subramanian — have recommended to allocate 10 per cent GNP to the education sector. But it seems the Finance Minister has not followed those recommendations in Budget 2017. Moreover, they have announced to give autonomy to the

•With the 100 international skill development centres and 350 online courses that will come up, according to the budget, experts believe that the youth would be energised. The experts also welcomed the increase of post graduate seats for medical sciences and the set up of two new AIIMS in Jharkhand and

UNION BUDGET COMPARISION OF 2016-2017 WITH 2017-2018•Union budget for education sector was 72,394 Cr in 2016-17 it has been increased to 79,685.95 Cr in 2017-18.• The IIMS will get Rs 1030 Cr in 2017-18 including Rs.190 Cr for setting up of new IIMS. In 2016-17 ,the government had allocated Rs 730 Crto IIMS which was raised to Rs.857.78 Cr in the revised estimate.• 10,000 Cr was allocated to midday meals in 2016-17 it has been increased to 10,300 Cr in2017-18.• Sarva Shiksha Abhiyan ,the flagship central

CONT…….• The massive open online courses [MOOCs],part of overall E-learning segment has been allocated Rs75 Cr as same as the last year.

• 552 Cr was allocated to E-Learning during 2016-17, it has decreased to 497 Cr in 2017-18

•The budget pegs Rs 125 Cr for appointing language teachers in 2017-18 as against Rs 25 Cr.

CONCLUSION“ Overall the budget is novel, reasonable and constructive with focus on educational development. It has the capability to achieve twin objectives of economics growth, equitable distribution