Budget 2019-20 and Youth: In a bid to provide Indian youth the world class institution, Union Minister of Finance and Corporate Affairs, Smt Nirmala Sitharaman has allocated Rs. 400 Cr in the annual budget 2019-20. Here we have summarise all the provisions from Budget 2019-20 and Youth so that you can understand all the benefits for you.
Keeping government promises to focus on education and youth, Finance Minister assured that the Government will also bring in a New National Education Policy to transform India’s higher education system to one of the global best education systems.
To achieve the objectives of research and innovation, the Finance Minister also announced setting up of a National Research Foundation (NRF) to fund, coordinate and promote research in the country.
Smt Nirmala Sitharaman also announced the programme ‘Study in India’, that will focus on bringing foreign students to study in our higher educational institutions.
Minister said that there was not a single Indian institution in the top 200 in the world university rankings five years back, there are three institutions now – two IITs and IISc Bangalore – in the top 200 bracket.