Jul 19, 2024
By: BI India Bureau
Credit: iStock
The 2024-25 Interim Budget saw a historic increase in funding for education, with the Department of School Education and Literacy receiving over Rs 73,000 crore – the largest allocation ever made. We identified 10 key areas for the distribution of this budget.
Credit: iStock
The industry seeks a complete exemption on all educational expenses to make education more affordable.
Credit: iStock
Stakeholders want increased government efforts to make quality education accessible, especially for underprivileged students.
Credit: iStock
Fostering collaboration between fintech and educational institutions is seen as crucial for improved skill training.
Credit: iStock
The education sector desires an education budget aligned with current job market demands.
Credit: iStock
Industry leaders emphasise the need for upskilling in areas like digital finance.
Credit: iStock
Tax breaks and subsidies are sought to reduce operational costs for educational institutions.
Credit: iStock
Increased funding for research and development in the education sector is desired.
Credit: iStock
The industry wants government support for PPPs in green skill development initiatives.
Credit: iStock
Establishing Green Skill Academies across states is seen as a priority.
Credit: iStock
Earmarking funds to support climate technology and AI startups is considered vital.
Credit: iStock