Budget 2020
- PC : Self
The Union Budget 2020-21 was presented by Nirmala Sitharaman, Finance Minister, today i.e. February 1, 2020.
According to the minister's statement, The budget would be focussed on three tenets: aspirational India, Economic Development and Caring Society.
Regarding the employment, Sitharaman said, “Our people should be gainfully employed, our businesses should be healthy; for all minorities, women, and people from SCs and STs, this Budget aims to fulfill their aspirations.” The Finance Minister said that Budget 2020 is for boosting the income and purchasing power of people.
Further updates regarding Education and Employment are given below.
Budget 2020 Education and Employment Highlights
- The total outlay of 99300 crores for the education sector and an additional 3000 crore for skill development has been allocated.
- National Education Policy would be implemented soon - the government has received over 2 lakh suggestions for the same, which would be incorporated.
- FDI would be encouraged in the Education Sector to induce finance in the sector.
- FM said that new special bridge courses to be designed for teachers, nurses, paramedical staff, caregivers.
- To facilitate skill development of the youth program for Internships for 1 year to be provided by urban local bodies.
- Indian Institute of Heritage and Conversation to be set up to further the cultural development proposed to be set up as a Deemed University, to begin with.
- Degree Level Online Education Program to provide quality education to the deprived sections of the society and easy access to quality education for all. A degree-level full-fledged online education programme to be offered by institutes in the top 100 in the National Institutional Ranking Framework.
Highlights
- The Union Budget 2020-21 was presented by Nirmala Sitharaman, Finance Minister, today i.e. February 1, 2020.
- According to the minister's statement, The budget would be focussed on three tenets: aspirational India, Economic Development and Caring Society.
- Regarding the employment, Sitharaman said, “Our people should be gainfully employed, our businesses should be healthy; for all minorities, women, and people from SCs and STs, this Budget aims to fulfill their aspirations.”
- The Finance Minister said that Budget 2020 is for boosting the income and purchasing power of people.
