Union budget and its affect in the education sector
On February 1, 2017, the education sector will wait with eagerness the announcement of the annual union budget. The earlier year saw the government focusing more on infrastructure and skill development and this year will be no different.
Long term changes in the education sector
The government will most likely attempt to provide more relaxation to online or digital education. The elementary and the secondary education will be the focus points of the budget along with a relaxation on input services. The budget can account for an increased productivity in the Rashtriya Madhyamik Shiksha Abhiyan (RMSA) and Rashtriya Uchchatar Shiksha Abhiyan (RUSA) which will, in turn, affect the educational norms practised in colleges, schools and universities.
The condition of education in India today
As per a recent survey by IndiaSpend, the condition of education is shocking in states like Bihar, Madhya Pradesh, and Rajasthan. The Annual Status of Education Report (ASER) has stated an appalling fact that a Class 5 student in rural areas cannot read a Class 2 text.
The implementation strategies
The World Class University initiative and the Higher Education Financing Agency will get a boost in the coming year. HEFA attempts to offer affordable loans for infrastructure and research & development, while World Class wants to make India’s 20 higher educational institutions among the very best globally.