Manish Thakur lists the important educational issues the upcoming budget needs to address
Education is the key driver for achieving a socio-economic transformation and a concerted policy focus on this sector is crucial for reaping the demographic dividend in the global knowledge economy.
Appreciably, the past few years have witnessed a sustained increase in budgetary allocation to education. During the 11th plan period (2007-2012), central expenditure on education grew at 25% per year. However, public expenditure on education as a percentage of gross domestic product (GDP) continues to hover around a meagre 4%.
Education is the key driver for achieving a socio-economic transformation and a concerted policy focus on this sector is crucial for reaping the demographic dividend in the global knowledge economy.
Appreciably, the past few years have witnessed a sustained increase in budgetary allocation to education. During the 11th plan period (2007-2012), central expenditure on education grew at 25% per year. However, public expenditure on education as a percentage of gross domestic product (GDP) continues to hover around a meagre 4%.
No comments:
Post a Comment