Education Budget 2019: New NEP, Higher Education Commission, National Research Foundation and Study in India

Education Budget 2019: New NEP, Higher Education Commission, National Research Foundation and Study in India

Union Budget 2019 announced by FM Nirmala Sitharaman talked about initiatives to promote and reform the higher education in the country. Focus on NEP, NRF and Study in India. Important highlights.

Education Budget 2019  |  Photo Credit: PTI

Finance Minister Nirmala Sitharaman, in her maiden budget speech has laid emphasis on the important of not only providing literacy but improving the quality of education. Union Budget 2019 laid down the roadmap for implementation for the new National Education Policy and has also provided a provision for setting up Higher Education Commission.
Further to the improvement of the higher education in the country, the FM in her speech proposed the setting up of the National Research Foundation. The aim of the NRF is to assimilate the various research funds and provide a consolidated platform for the youth. The infrastructure would focus on funding, coordinating and promoting the various research initiatives in the country.
The government also aims at improving the higher education standards in the country. To become a true hub for higher education innovation and research, Budget 2019 proposes to allocate 400 crores to the world class institutions initiative. This would in turn help the top educational institutes including the IITs and other universities to focus on effective research.
As for the aspirational lookout, the government in Budget 2019 called for the Study in India. The initiative would focus on attracting foreign students to come an study in India, in turn promoting better diversity and calling to the country innovative thought and cultural amalgamation. The initiative is also expected to improve the revenue and provide funds to the educational institutes.

Source | https://www.timesnownews.com/education/article/education-budget-2019-new-nep-higher-education-commission-national-research-foundation-and-study-in-india/448920

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