On February 1, Finance Minister presented with Union Budget 2017-18 in the Lok Sabha.

Some key takeaways for the education sector from the Union Budget 2017-18:

  • Two new AIIMS institute in Jharkhand and Gujarat.
  • Take steps to increase post-graduate seats for medical sciences.
  • Proposal to launch a system of measuring learning in schools.  Emphasis on science education and flexible curriculum.
  • Focus will be the 3,479 educationally backward blocks where the government proposes to introduce the practise of measuring annual learning outcome in schools.
  • Certain colleges and institutions to be identified and granted an autonomous status based on accreditation.
  • Use of DTH channels to link online courses available on the Swayam platform, that will offer 310 online courses, to enable student access high-quality education resource.
  • National Testing Agency to be instituted that will be in-charge of conducting all entrance exams for higher education.
  • Pradhan Mantri Kaushal Kendras to be extended to more than 600 districts across the country. 110  centres to be opened to help youth get access to employment opportunities abroad.
  • Rs 2,200 cr to be set aside for investment in vocational training.
  • Innovation Fund for secondary education to be created.

Source: Business Standard