The problem with the allocation for education in Union Budget

Our Managing Director Dr. Akhil Shahani said considering the urgent need for reaping India’s demographic dividend, the government should have at least allocated 5 percent of budgetary expenditure for improving our education system. That apart, it turns out that the government itself hasn’t provided more funds. Instead, it has proposed exploring the channels of external commercial borrowing (ECB) and FDI by education institutions, said the finance minister.

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