Edu sector gets 15K cr

| | NEW DELHI
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Edu sector gets 15K cr

Wednesday, 27 February 2019 | Staff Reporter | NEW DELHI

Deputy Chief Minister Manish Sisodia while presenting AAP Government’s Budget on Tuesday, laid extra emphasis on two core sectors education and health and allocated Rs15,601 crore and Rs7485 crore respectively.

Sisodia said, “The allocation to the education sector is around 26 per cent of the total Budget. In the previous years the allocation for the education (sector) was around 24-25 per cent of the total budget,” he said.

Two new universities, an MBA course in family business and funds for developing students’ business plans are among the initiatives announced by the Delhi Government on Tuesday in its 2019-20 budget for the education sector.

“The education sector has the highest share of 26 pc of the total budget allocation in 2019-20. I have mentioned this several times in this House that focusing on human resource development instead of education is a big mistake, because we cannot develop our children as resources,” Sisodia, who also holds the finance portfolio, said.

The eduction budget includes “Rs13,518 crore under revenue and Rs2,083 crore under capital,” he said. Sisodia said an amount of Rs7,818 crore is earmarked for implementation of various programmes, schemes and projects in the education sector in 2019-20.

The Government has allocated Rs42 crore as seed money under the upcoming Entrepreneurship Curriculum to students in Class 11 and 12 in State-run schools and those studying in colleges and universities.

The amount will be given to students to start developing their “business plans”. The curriculum will be taught to students studying in classes 9 to 12 in Delhi Government schools.

Under the chief minister scholarship scheme, the Government has also announced an annual scholarship of Rs2,500 to Government school students who scored 80 per cent and above in classes 7 to 12.

“We want to encourage talented students studying in Government schools. We are not going to set any minimum limit for income of parents required to avail this scheme,” Sisodia said.

The Deputy Chief Minster also said that the budget allocation in health sector is “two times more” than the one presented in 2014-15. “I propose total outlay of Rs7485 crore on Health in 2019-20. This includes revenue budget of Rs6462 crore and Capital budget of Rs1023 crore,” he said, adding that an amount of Rs3737 crore is earmarked for implementation of various schemes, programmes and projects under Health Sector.

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