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Interim budget: Centre slashes allocation for education, UGC funding cut by 61%

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 of Management (IIMs) was trimmed for the second consecutive year. | Latest News India ....

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