Key takeaways for students from Budget 2021
All students should need to know about your education from the union budget 2021-22, In this article we are providing you with some key takeaways for you from Union Budget 2021 for the education sector.
As you all know that our Finance Minister Smt Nirmala Sitharaman has presented the Union Budget 2021-22 post-COVID-19 pandemic in Parliament today (1st Feb 2021).
The Budget proposals for 2021-22 includes the six pillars mostly, these 6 domains are health and well-being, physical capital, financial capital & infrastructure, inclusive development of aspirational India, reinvigorating human capital, innovation and R&D, Minimum Govt & Maximum Governance.
The year 2020 has been one of the catastrophic years in terms of education, the COVID-19 pandemic forced the schools and colleges to shut down and brought online learning methods.
Last year, the government allocated a budget of Rs 99,300 crore solely for the education sector. Last year a New Education Policy (NEP) was introduced which aims at universalisation of education from preschool to secondary level. In this policy, the government announced that students will not be forced to study any particular language.
the ’10+2′ structure will be replaced with the ‘5+3+3+4’ model. The new National Education Policy introduced in the 2020 budget, proposes a 4-year multi-disciplinary bachelor’s degree in an undergraduate programme with multiple exit options. It means they allow students to make their own choice of whether they want a 1-year, 2-year-, 3-year or a 4-year course. These will include professional and vocational areas.
Again this year, Education Budget 2021 mostly Emphasis on NEP, International Research Collaboration and Higher Education Commission.
Education Budget 2021 mostly focused on effective implementation of The National Education Policy (NEP), International Research Collaboration and setting up of Higher Education Commission.
Our Hon’ble Education Minister Shri Ramesh Pokhriyal used Twitter to thank Finance Minister Smt Nirmala Sitharaman ji for the announcement of the budget to amend the Apprenticeship Act to improve apprenticeship opportunities for our youth.
Some Key Points of the Education Budget
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