Education Budget 2023 | The Indian Education Ministry received a slight 8% increase in budget allocation this year, totaling Rs 1.12 lakh crore, compared to Rs 1.04 lakh crore in the previous fiscal year. The Department of School Education has been allotted Rs 68,804 crore, and the Department of Higher Education received Rs 44,094 crore.
Focus on School Education
The government has decided to maintain the same allocation for its flagship school education scheme, the Sarva Shiksha Abhiyan, with Rs 37,453 crore allocated for the same. The budget also includes establishing 30 skill India centers across various states in India, which will help develop practical skills among students.
Promoting Cutting-Edge Technology
To promote the adoption of cutting-edge technology, the government plans to set up 100 labs for students to develop applications using 5G services in engineering institutions. Additionally, Centers of Excellence for artificial intelligence will be established in top educational institutions to provide students with in-depth knowledge in the field of AI.
Improving Quality of Education
To enhance the quality of education, the government plans to recruit 38,800 teachers and support staff for the 740 Eklavya Model Residential Schools serving 3.5 lakh tribal students. The focus will also be on improving the quality of teacher training through innovative pedagogy and curriculum transactions.
Catering to the Demand for Healthcare Professionals
To cater to the increasing demand for healthcare professionals, the government has proposed establishing 157 new nursing colleges in collaboration with the existing 157 medical colleges established since 2014. Select facilities at ICMR labs will also be made available to individuals outside the organization for research purposes.
Moreover, a new program has been introduced to promote pharmaceutical research and innovation. The government also plans to support dedicated multidisciplinary courses in medical devices in existing institutions to prepare students for careers in the healthcare industry.
Preparing students for the future job market
In conclusion, the Education Ministry’s budget allocation for 2023 has focused on improving education quality and providing students with practical skills and knowledge of cutting-edge technologies. The government aims to provide students with opportunities to succeed in the rapidly evolving job market and prepare them for the future.