Union Budget Allocates Rs 44,000 Cr for Higher Education

New Delhi: UGC Chairman Mamidala Jagadesh Kumar today said that Union Budget has allocated over 44 thousand crore rupees for higher education.

He said this is 7.9 per cent higher than the previous year’s allocation. This is to overcome the learning losses of the Covid-19 pandemic and inject more digital technology into higher education for more access and equity.

The UGC Chairman said the increased fund allocation will accelerate the implementation of NEP 2020. He added that this will bring further dividends to the students to make them employable and strengthen efforts in making India a knowledge-based economy.

Apart from it, the PM Primitive Vulnerable Tribal Group Development (PVTG) mission will be used to provide basic amenities, clean housing, health, nutrition, and connectivity to the tribals. Funds worth Rs 15,000 crore will be made available in the next three years for the PVTG mission action plan for scheduled tribes, said the finance minister.