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Budget 2020-21: Govt announces Rs 99,300 crores for education sector

New Delhi [India], Feb 1 (ANI): A sum of Rs 99,300 crores for education for the year 2020-21 will be provided, Finance Minister Nirmala Sitharaman said on Saturday while presenting the second union budget of Modi's re-elected government.

ANI Feb 01, 2020 12:05 IST googleads

Finance Minister Nirmala Sitharaman in the Parliament on Saturday. Photo/ANI

New Delhi [India], Feb 1 (ANI): A sum of Rs 99,300 crores for education for the year 2020-21 will be provided, Finance Minister Nirmala Sitharaman said on Saturday while presenting the second union budget of Modi's re-elected government.
"We propose Rs 99300 crores for the education sector in 2020-21 and Rs 3000 crores for skill development," Sitharaman said in the Parliament.
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. (ANI)

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