Finance Minister Nirmala Sitharaman just presented India’s Annual Budget for the financial year 2021-22 on Wednesday. The budget allocated Rs. 99,234 crore for education, 54,873 crores of which will be focused on school education and 38,350 crores on higher education.
The budget has also laid greater importance on teacher training under a National Digital Educational Architecture (NDEA). This will also help in the educational planning, governance and administrative activities of state governments. The yearly allocation for online learning has also registered a growth of 45% in this year’s budget.
Education is the foundation of any well-functioning economy and the Financial Minister has lain due emphasis on it. The NEP, which was implemented last year, seeks to improve the educational sector in India and the budget duly helps in implementing the same. The new budget will surely help us to achieve NEP’s aim of creating ‘atmanirbhar’ individuals.