The first budget of the third term of the NDA government led by Prime Minister Narendra Modi is being presented by Union Finance Minister Nirmala Sitharaman in the Lok Sabha today i.e. Tuesday, 23 July 2024. As per the budget presented during the previous years, this time also it is expected that many important announcements can be made by the Finance Minister to promote education, skill development, and employment.
Education Budget 2024: What are the expectations?
Talking about the expectations from the Education Budget 2024-25, there are many demands from schools and colleges for training, skill development, and competitive examination coaching institutes and ed-tech players. These include increasing funding options for high-cost professional courses, exemption in GST on all education services, development of education infrastructure in rural areas, etc.
Education Budget 2024: Budget speech started at 11 am
The speech on the Central Government's budget for the financial year 2024-25 by the Finance Minister has started in the Lok Sabha from 11 am today. In such a situation, the main announcements made for education, skill development, and employment in Budget 2024 will be known in a short while.
Education Budget 2024: These announcements were made in the interim budget
Let us tell you that on February 1 this year, the Finance Minister also presented the interim budget of the Central Government for the current financial year. In this interim budget, the Finance Minister shared information about the allocation of Rs 4000 thousand crores for PM Shri Schools, 3000 new ITI, 7 IITs, 16 IIITs, 7 IIMs, 15 AIIMS, and the establishment of 390 universities.
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