As all eyes are on Union Budget 2022 that is all set to be announced on February 1, 2022, Digital Learning spoke to a few industry experts about their expectations from the Union Budget 2022.
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The Union Budget is crucial for the Education sector this year. Last year due to the unprecedented rise of covid cases Education sector’s fund allocation suffered as Healthcare needed more attention from the Govt. However, this year we are hoping FM will be generous in fund allocation given the kind of hurdles faced by education sector during the pandemic, it surely needs a booster. We expect the FM to announce programmes and schemes which can provide availability of funds that can bring relief from GST and RTE reimbursement. I would also like to urge the FM to reduce the interest rates on bank loans for school trusts and include it in the priority lending segment. By providing education loans at concessional rates to schools & students would foster better infrastructure as well as access to affordable education.
