Published 21:39 IST, December 9th 2019
MHRD clarifies on reports about decreasing investment in education in the country
The MHRD said that the budget provided for education by the Centre through MHRD in terms and percentage of GDP is increasing every year than the States or UTs
Referring to a news item which mentioned that grants for education are decreasing over time, the Ministry of Human Resource Development (MHRD) on Monday said that the budget provided for education by the Centre through MHRD and other Departments or Ministries, and by the States or the Union Territories in terms and percentage of GDP is increasing every year.
As per MHRD's official release, the report mentions the allocation to education under MHRD (School Education and Literacy and Higher Education Departments) only. Whereas funds for education are granted under the budget of other departments also. Additionally, the budget for education under States or Union Territories budgets are also provisioned.
"The budget provided by the Centre through MHRD and other Departments or Ministries for education and by the States or UTs for education in both absolute terms and as percentage of GDP is increasing every year," said MHRD
"It is also mentioned that Government of India has set up the Higher Education Financing Agency in 2017 to finance infrastructure development in Kendriya Vidalayas, Navodayas, AIIMS, besides Higher Education Institutions. During 2017-18, Rs 2168.26 crore worth projects were approved under HEFA, and during 2018-19 Rs 29411.99 crore worth projects have been approved under HEFA," the Ministry added.
MHRD also criticized a statement that says, the centre spends 10 per cent while the States spend 90 per cent on education. According to Analysis of Budgeted Expenditure on Education, 2017-18, the Centre spends around 23 per cent on education, while States or UTs spend 77 per cent of its total revenue expenditure.
(With inputs from ANI)
Updated 00:20 IST, December 10th 2019