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Pokhriyal: Union Budget gives major boost to education

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Pokhriyal Union Budget

Union Education Minister Ramesh Pokhriyal lauded the Union Budget 2021-22 and expressed his gratitude to Finance Minister Nirmala Sitharaman for giving a major boost to education.

Pokhriyal highlighted that the Budget allocation for the National Apprenticeship Training Scheme (NATS), has been substantially increased from Rs 175 Cr to Rs 500 Cr in next FY 2021-22 for providing post-education apprenticeship, training of graduates and diploma holders in Engineering. He also said that an outlay of Rs 50,000 Cr over next 5 years for National Research Foundation (NRF) will give a major boost to Innovation and R&D.

The Minister said in a big boost to education sector allocation of KVS has increased by Rs 362.32 crore and allocation of NVS increased to Rs 320 crore 2020-21. The budget allocation of NCERT increased to Rs 110.08 crore from 2020-21.

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He said “Budget allocation for BE 2020-21 was Rs 59845 crore which was rationalized to Rs 52189.07 crore in RE 2020-21 post covid-19 situation. This has now increased to Rs 54873 crore in BE2021-22.”

The minister also said “The overall Budget allocation in BE 2021-22 is Rs 54873.66 crore out of which scheme allocation is 43648.66 crore and non-scheme allocation is Rs. 11225.00 crore. The scheme allocation has been increased by Rs 1895.08 crore and non-scheme allocation by Rs. 789.51 crore as compared to RE 2020-21.”

Budget allocation in the Flagship scheme of SamagraShikhsa has been increased to Rs 31050.16 crore in BE 2021-22 from Rs 27957.32 crore in RE 2020-21 by Rs 3092.84 crore i.e. increased by 11.06%.

 

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