Planning Commission member Bhalchandra Mungekar on the 11th Plan education budget
November 14th, 2007
Following is an excerpt from a report in Times of India.
Education is set to receive a Rs 2.85 lakh crore boost, with the Planning Commission increasing the allocation for the sector by a massive 19.9% in the 11th Five Year Plan.
The education budget has been classified into elementary, adult and secondary, and higher education. For elementary education, Rs 1.25 lakh crore is being earmarked, which is a major hike from the Rs 30,000 crore allocated in the last Plan.
Likewise, the share of adult and secondary education is being increased to Rs 6,000 crore and Rs 53,000 crore, respectively. As per the plan document, Rs 84,000 crore are being set aside for higher and technical education.
Planning Commission member, Bhalchandra Mungekar, said the increase in the budget for health and education is an attempt to achieve inclusive growth.
… "The most important issue is our agenda for reforms in higher education system, where we have asked for major structural changes," he said. "Major reforms are a must like introducing credit and semesters systems and exam reforms."
The Plan has set aside resources for a massive expansion of higher education. It seeks to establish 30 new central universities of which 16 are to be set up in areas which don’t have a central university. The rest 14 are to be model universities of world class infrastructure.
According to HRD ministry, each of these 14 universities would cost around Rs 1,000 crores. There are plans for seven more IITs, seven IIMs, 10 National Institute of Technology, five Indian Institute of Science, Education and Research, 20 IIITs and two schools of architecture. There will also be 330 new colleges in educationally backward districts.
Entry Filed under: Central Universities,Eleventh plan,Planning Commission,Universities of Innovation