Budget 2020-21: Govt Announces Rs 99,300 Crores For Education Sector

Mumbai: While presenting Budget 2020 here Finance Minister Nirmala Sitharaman said that a sum of Rs 99,300 crores for education for the year 2020-21 will be provided.

“We propose Rs 99300 crores for the education sector in 2020-21 and Rs 3000 crores for skill development,” Sitharaman said in the Parliament.

Also Read: 100 More Airports By 2024, Rs 1.7 Lakh Cr Allocated For Transport Infrastructure: Nirmala Sitharaman

She also said that new education policy will be announced soon, stating that “external commercial borrowing and FDI will be taken advantage of to improve the education system.”

In a major development, it said that full degree level online courses will be offered soon by the country’s top educational institutions.

Also Read; Budget 2020 Provides Additional Rs 69,000 Cr For Health Sector: FM Nirmala Sitharaman

Sitharaman said, “The degree-level full education offered by institutions in the top 100 in the national level ranking rankings is online education programs.”

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