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.
“A lot of structural changes have been taking place in the country ever since NEP2020 came into the picture 4 years ago. Time has come to see the implementation of the policies at the grassroot levels across the country, and when states take their own path, a unified vision becomes difficult to implement irrespective of how big or small the idea is. Prioritising on teacher development would be key as the teachers need constand upskilling to stay relevant in this dynamic landscape. The higher education sector has been allocated roughly 44,094 crores supporting infrastructure development, research etc. This is great but it accounts to less than 1% of the country’s GDP. In order to compete with the world’s best in higher education, especially in research and development, we would need to quadruple the allocated budget. Education in India has always been a key aspect of Indian families, and it needs to be given the prominence to build a culture of innovation from the bottom up.” – Ajitesh Basani, Executive Director-Administration,