Comparison of Education Budgets 2023 and 2024.
The increase in the education sector's budget from 2023-24 to 2024-25 in India represents a purposeful governmental plan targeted at strengthening the foundation and quality of education across the country. Budget allocations under Finance Minister Nirmala Sitharaman have demonstrated a commitment to strengthening educational infrastructure, increasing accessibility, and fostering an environment of innovation and excellence. This comparison article delves into the intricacies of both fiscal years' budgets, illuminating variations in priorities, allocations, and the ramifications for India's educational future. Introduction to Education Budget Allocations Fiscal Year 2023-24 Highlights: The Department of School Education and Literacy received a significant boost, with allocations rising to ₹68,805 crore, marking a 15.6% increase. Higher Education saw an 8% increase, with ₹44,094 crore allocated. Notable initiatives included the PM-SHRI plan, with ₹4,000 crore earmarked to tr