While presenting the interim budget on February 1, 2024, Finance Minister Nirmala Sitharaman had stated that, “In the full budget in July, our Government will present a detailed roadmap for our pursuit of ‘Viksit Bharat’.” If India does aim to become a developed country by 2047 as per Prime Minister Narendra Modi’s vision of Viksit Bharat, the Union Budget 2024 which will be presented on July 23 must prioritise the education of children, who are the future of the country. Read on to find out what experts from the education sector shared with us at Brainfeed about their expectations from the Union Budget 2024.
The allocation of Rs 1.48 lakh crore for education, employment and skilling is a positive step. Investment in education is the lowest common denominator for solving the majority of India’s long-term challenges. Impetus on skilling the youth of our country will be a huge leap towards shaping the future. Also, the loan of Rs 10 lakh for higher education in domestic institutions is a welcome move improving the quality of human capital available for the nation. It augurs well for the Indian economy that we are taking concrete steps for investing in the future of our nation – our children and youth.
