Finance Minister Nirmala Sithraman on Saturday announced the government had allocated Rs 99,300 crores for the year 2020-21.
Nirmala Sithraman also said that a New Education Policy will be announced soon, adding that 'external commercial borrowings and FDI to be leveraged to improve the education system.'
Finance Minister Nirmala Sithraman on Saturday announced the government had allocated Rs 99,300 crores for the year 2020-21.
"We propose Rs 99300 crores for the education sector in 2020-21 and Rs 3000 crores for skill development," Sitharaman said while presenting the second union budget of Modi's re-elected government.
She also said that a New Education Policy will be announced soon, adding that "external commercial borrowings and FDI to be leveraged to improve the education system."
In a major development, she said that full-fledged degree level online courses will soon be offered by the top educational institutions in the country.
"Degree-level full-fledged online education programme to be offered by institutes in top 100 in National Institutional Ranking Framework," Sitharaman added.