HRD Ministry: NEFC to fund Primary Education | digitalLEARNING Magazine
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HRD Ministry: NEFC to fund Primary Education

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The HRD Ministry, after realizing that the implementation of the Act will involve a hefty amount of INR 1.74 lakh crore, has asked the proposed National Education Finance Corporation (NEFC) to fund school education and has asked the government / local bodies to increase enrolment and develop infrastructure. The NEFC, according to the previous directive was supposed to finance only higher education. However, it is only after the HRD minister Kapil Sibal's orders that funding of Right to Education and school education in general was also included as the mandate for NEFC.

The anticipatory cost in case of school education is INR 32,000

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