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Showing posts with the label education budget 2024

Comparison of Education Budgets 2023 and 2024.

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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

Examining the Education Budget of 2024-2025: Key Insights

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  The financial year 2024-25 promises to be a watershed moment for Indian education, with Finance Minister Nirmala Sitharaman unveiling the Interim Budget, underlining the government's commitment to strengthening the country's educational foundation. A large increase in budget allocations for the Department of School Education and Literacy (DoSEL) and the Higher Education Department demonstrates a concerted effort to improve the quality and accessibility of education throughout the country. The Department of School Education and Literacy (DoSEL) has been granted an impressive allocation of ₹73,008.10 crore for the 2024-25 fiscal year, marking a robust increase of ₹4,203.25 crore over the previous year's budget. This upward revision signals the government's intent to strengthen the school education infrastructure and enhance learning outcomes for millions of students across the nation. Equally noteworthy is the increment in the budget for the Higher Education Departmen