“Overall it was a budget with a focus on the digital economy, which is the need of the hour and requirement of the future. The execution of digitisation of the education sector must have a regulatory framework in place. Talking specifically about the sector, there should be ‘One framework’ to assess the progress of the institutions and basis students employability rate, they should be rewarded through various grants and funding.”
Ravneet Pawha,
Deputy Vice President (Global) &
CEO (South Asia),
Deakin University, Australia
“Education sector was one of the most impacted sectors because of the pandemic and we were expecting support from the Government. We were expecting flexible and low-interest education loans which is the same as before but we are happy with the PM eVidya Scheme and the launch of Digital University. E Green University, One Class One TV Channel, Digital University is a good step towards digital India and training teachers to use better in teaching outcomes was a necessary step. 5 Centres of Excellence to be set with an endowment fund of Rs. 250 crore each for Urban Planning courses that would assist in Urban Sector Development, encouragement of academic Institutes and Research and Development will be supported for the ambit of Defence Budget. The plus point of this budget is more focussed on digitalisation of education which will strengthen the growth of ed-tech.”
Dr. Latika Chaudhary,
Associate Dean – Outreach &
Operations, The Design Village, Noida
“It is heartening to see that there is a huge thrust on digital education, development of skills for modern technology, smart agri-education and rural educational reforms. Technology if used prudently in education can have profound positive implications.
Agri-education not only teaches learners how to be farmers, but also helps generate more scientists, nutritionists, biologists and more. A combo of academic knowledge and practical on field farming experiences is extremely beneficial to lay a good foundation for educated farmers and the community at large.
Encouraging AI and drone technology is another step in the right direction. Drones can be effectively used in the agriculture sector, defence, entertainment, logistics and many more fields.”
Dr Mukesh Kwatra,
Founder of Smiling Tree
“Regional languages will be empowered through this program, which enables all states to provide supplementary education in regional languages for classes 1 to 12. These digital initiatives will provide for a more conducive environment for the adoption of tech-based learning and which will directly route to empowering youth from real Bharat”
Pulkit Sharma,
Co-Founder and CEO,
Khabri
“Through tax initiatives and new reforms in the direct tax, the startup ecosystem will enhance effectively within no time.
The Introduction of Digital currency by the central bank will definitely lead away to cheaper currency management. The highlight of the budget for us is the expansion of the One class, one TV channel’ program of PM eVIDYA which will help promote the regional languages in the country as through the program, all states will provide supplementary education in regional languages for classes 1 to 12.”
Chetan Kumar,
Co-Founder,
Ekank Technologies
“It is a welcome initiative by our honourable Finance Minister, the 2022 budget met some of the expectations from the education industry. The paperless format of the budget itself is encouraging digitalization and online learning which is a remarkable act. EdTech and content development will see a higher demand after the announcement of dedicated Tv channels along with that the E- registration, and E- admission step will strengthen the system and make education more easily accessible for the students. This will empower children in the tough times that the entire nation is facing due to covid-19. The last few years have been full of turmoil and challenges for the education industry. These new announcements in the 2022 budget will strengthen the education ecosystem and help India in becoming more Aatmanirbhar in the upcoming days.”
Manish Mohta,
Managing Director,
Learning Spiral
“We are glad to see the government’s focus on building digital tools and quality content for students. Given that education was one of the worst-hit sectors during the pandemic, the development of a digital university and the expansion of the e-Vidya scheme, along with One Class One TV Channel, will greatly benefit the students to access high-quality education.
From the Edtech industry perspective, it brings us into the mainstream, going beyond “had to have it because of Covid”. The impact and benefit of Edtech to the education systems will gain greater visibility with schools and parents, and we expect that to give us great impetus.”
Nirmal Shah,
Co-founder of
Countingwell
I welcome the focus on digital aspects of education and creating greater access for students with structured, high-quality content. The announcement of Digital University is most welcome and in line with the trend of online schools across the country. But, it misses the opportunity to leapfrog with more significant innovation and investment for improved access, equity and affordability. The structural flaws of the education sector and problems on the ground could have been addressed. Exciting times are ahead for Digital Education.”
Yeshwanth Raj Parasmal,
Co-Founder,
21K School
“ACCA applauds the government for measures announced in the budget related to providing supplementary education in regional languages for class 1-12 students, by expanding PM eVIDYA program to over 200 TV Channels and the launch of the Digital DESH e-portal for skilling, upskilling & reskilling the youth of India. These together with the development of the digital university for world-class quality education will set a clear path for India to create an advanced digital learning infrastructure and also reach far in educating learners who lack access to the internet and other resources.”
Md Sajid Khan,
Head of International Development,
ACCA.
“The budget 2022 for the education sector rightly focuses on upskilling and digital learning. The announcement of one class one channel and expansion to 200 channels under e-vidya will enable the reach of online education to a vast body of students where online education is still not widespread. The push to regional education is welcome as this will once again enable people in the rural areas to access quality education in their languages. The budget has addressed structural issues in the education landscape and has ensured that all children get access to education. The budget has also well-coincided with the opening of schools as it is important to reverse the learning loss among students.”
Shweta Sastri,
Managing Director,
Canadian International School,
Bangalore
“With the challenges of the online learning arrangements, the government’s decision to enhance digital learning with E VIDYA will be a boost to the education sector. There was a necessity to train and build skills among children as this would make them employable and this has been addressed by focusing on ITI’s which will undertake this task. The digital gap has also proven to be a bane for the education sector in the context of the pandemic.”
Niru Agarwal,
Trustee,
Greenwood High International School
