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Highest allocation of Tk 17,959 crore to Education

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For the fiscal year, education sector has received the highest allocation of Taka 17,959 crore in the proposed budget. The Finance Minister Abul Maal Abdul Muhith in his budget speech, recently mentioned that the allocation is 13.5 % higher than the revised budget of the current fiscal. He described that the government has given priority to education in terms of allocation of financial resources, which will be continously enhanced. This was also reportedly, a core strategy for cutting poverty and development.

With this end in view, Muhith said, the government has already approved the National Education Policy 2010 with 24 targets as a step towards introducing a modern employment- oriented education system. He explained that implementation of this policy will enable government to development a unified curriculum and syllabus by including different systems to establish a knowledge-based and technology-dependent Digital Bangladesh. He added that steps are being taken to establish IT-based madrasas for modernisation of this system of education and also to ensure massive expansion of technical education.

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