Finance

Budget 2022: Education sector seeks more funds

Posted on in Finance · Sanskriti University

Educators and EdTech startups expect government to spend more on access to education, and reduce taxation

Through the upcoming budget, the educators hope that the government will focus on addressing the inequalities in access to education and the improvement of digital infrastructure. They say that it is imperative to lessen the financial burden on parents and students, and it is equally important to give sops to startups to boost skilling infrastructure to bridge the education-employability gap.

Better learning facilities

PC Chhabra, executive director, Sanskriti University, says, “In the past year, education allocation budget was Rs 93,223 crores, which was reduced by 6% as compared to the year before. This year, we are expecting an increase by 10%. To increase connectivity, the government should announce programmes to boost 5G devices at an affordable rate to boost e-learning infrastructure. Having a laptop is the minimum requirement for the students and teachers to either record or impart live instructions. We are also expecting academic institutions to be given concessions for collaborating with industry to provide students with the necessary skills and competencies.”

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