Posted on 03/02/2019
Piyush Goyal, the Union Minister for Finance and Corporate Affairs on Friday, Feb 01, 2019 presented the interim budget for 2019-20. He earmarked Rs 93,847.64 crore for the education sector, Let’s find out what is there in Budget 2019 for Higher education and how much funds allocated for higher education in Modi Era 2014-19.
The allocation of the fund for this year 2019-20 has seen an increase of 10 per cent from last year budget of Y2018-19. The Center during the Budget 2018 presentation had allocated Rs 85,010 crore for the education sector. Out of the total allocation of Rs 93,847.64 crore for 2019-20, Rs 37,461.01 crore has been assigned for higher education, while the rest of the amount, Rs 56,386.63 crore has been allocated for basic school education.