Page 29 - Budget Allocation News Today

'Jai Anusandhan' will directly benefit India's new generation – Shri Dharmendra Pradhan

The interim budget for education in India has been reduced by 7%, with the allocation for the University Grants Commission (UGC) slashed by 61%. The budget for schools saw a marginal dip, while higher education funding decreased significantly. Experts raised concerns over the impact on universities and students, and the UGC emphasized its commitment to quality higher education despite the funding cuts. Meanwhile, grants for central universities increased by 28%, but support for Indian Institutes...

There has been an overall increase of ₹12,024 Crore (19.56%) in the Budget Allocation of Department of School Education and Literacy in the FY 2024-25 from RE 2023-24.

This is an increase of ₹4,203.25 crore compared to the budget allocation for 2023-24 when the school education department was allocated ₹68804.85 crore.

According to the budget papers, the Ministry of Consumer Affairs, Food & Public Distribution has been allocated Rs 2.13 lakh crore for the next fiscal year, lower than the 2023-24 allocation. Under this ministry, the allocation for the department of consumer affairs has been earmarked at Rs 303.62 crore for 2024-25 from Rs 309.26 crore in the current year.

The interim Budget 2024-25 has allocated Rs 13,000 crore to the Tribal Affairs Ministry, a 70% increase from the previous year. Rs 6,399 crore has been earmarked for the construction of Eklavya Model Residential Schools, a 150% increase from the previous year.

HYDERABAD: Chief Minister A. Revanth Reddy on Thursday directed officials to formulate an action plan to implement two more guarantees promised by the Congress during last year’s poll run-up on...

Get an in-depth analysis of Union Budget 2024, covering key announcements, tax changes, impact on individuals and businesses.

The public library system in Assam is one of the poorest in the country due to the lack of a library legislation act. The Assam Library Association is advocating for a law to allocate budget for libraries to improve library infrastructure and development.

India News: With the Union Budget 2024 approaching, the education sector is hopeful for increased budget allocation and a focus on digital infrastructure. Experts emphasize the need for a strategic fiscal approach aligned with the NEP 2020 and Industry 4.0. Public funding, technology integration, and equitable access to education are also expected. The upcoming budget aims to strengthen NEP initiatives and vocational education. Private institutions seek regulatory ease and government funding for...