Budget 2020 is hugely positive for the country' education sector as its focussing on most of the important parameters of this sector. The impressive budget allotment of Rs. 99,300 Cr. for education sector is surely going to boost the new initiatives & refinements for the education projects.
Also, the special focus on encouraging “Study In India” project is also going to establish India as a major education Hub which will surely open new avenues for education industry. Another measure taken by the government to make education more technology friendly & accessible is to include its provision for Degree level online learning programme to be offered by institutions ranked amongst top 100 in national rankings. It will make higher education more accessible & of more quality which will result in securing a better career.
Government has also taken into consideration the importance of Skill Development which will be a major factor for employment & financial independence for the country’s population. The budget allotment of 3000 Cr. For Skill Development will help in fighting the prevailing problem of unemployment.
The remarkable investment, along with the introduction of the Ind SAT, and rollout of online education for Higher education makes this budget very friendly to the education sector. Also with the announcement of new education policy launch we are very hopeful & positive towards the industry growth.