12th plan spending on education to go up to $100 Billion from the 11th plan estimaite of $70 Billion
January 9th, 2011
Following is an excerpt from a report in Economic Times.
"We will be spending close to $100 billion on education in the 12th plan period. This will be in addition to around $20 billion investment on IT," Pitroda said at the ninth Pravasi Bharatiya Divas (PBD) here.
He said the government was taking measures to open up the education sector for more private and overseas investments.
"We have to liberalise the education system. What we did to the economy in 1991 needs to be done to the education now," said Pitorda, who is also the head of National Innovation Council .
He said the government had shown commitment to revolutionise the education system but the pace of development was not satisfactory.
"We have made recommendations. Minister has to act. So far, they have not acted to my satisfaction," Pitroda said, referring to the recommendations of the National Knowledge Commission .
Entry Filed under: Eleventh plan,Twelfth Plan