10 Years of India's Education Budget: What You Need to Know!
The education sector has witnessed a rise in budgetary allocation over the year yielding milestone growth & development. Check 10 Years of India's Education Budget: What You Need to Know!
Education Budget 2014
The Budget focused on addressing teacher shortage through training programs and introduced skills programs with Rs 68,728 crore allocated budget.
Education Budget 2015
The Budget shifted focus to higher education, including opening new government institutes with Rs 26,855 crore for the Department of Higher Education.
Education Budget 2016
The Budget focused on strengthening higher education and establishing India as a global education hub by allocating Rs 72,394 crore for education.
Education Budget 2017
The Budget prioritized advancing education quality by allocating Rs 79,685.95 crore for the education sector.
Education Budget 2018
The 2018 budget aimed at a digital transformation in education, attracting foreign students and job creation with Rs 83,626 crore allocation.
Education Budget 2019
The 2019 budget allocated Rs 94,853.64 crore to the education sector. The Budget emphasized imparting new-age skills in areas like artificial intelligence and robotics.
Education Budget 2020
The Budget focused on drawing investment into the education sector and implementing the NEP 2020 and allocated a significant Rs 99,300 crore.
Education Budget 2021
In the 2021 Union Budget, the education ministry was allocated Rs 93,224. This included increasing the outreach of both secondary and higher education.
Education Budget 2022
In 2022, the education budget saw a substantial increase to Rs 1.04 trillion. The concept of exemplary schools continued, with an increase in budget allocation.
Education Budget 2023
In the 2023 budget, the Ministry of Education received an allocation of Rs 1,12,899 crore. The commitment to education growth was evident in the increased allocation.
Education Budget 2024
The Finance Minister’s allocation of ₹1.48 lakh crore for education, employment, and skilling demonstrates a robust commitment to nurturing our nation’s future.