While presenting the interim budget on February 1, 2024, Finance Minister Nirmala Sitharaman had stated that, “In the full budget in July, our Government will present a detailed roadmap for our pursuit of ‘Viksit Bharat’.” If India does aim to become a developed country by 2047 as per Prime Minister Narendra Modi’s vision of Viksit Bharat, the Union Budget 2024 which will be presented on July 23 must prioritise the education of children, who are the future of the country. Read on to find out what experts from the education sector shared with us at Navyamedia about their expectations from the Union Budget 2024.
“This year’s budget announcements will be revolutionizing for the education sector. The Prime Minister’s package, with its massive ₹2 lakh crore outlay, shows a strong commitment to our youth. The plan to skill 20 lakh young people over the next five years is such a crucial step. It means more of our youth will have the skills they need to succeed in today’s job market.
And the support for education loans up to ₹10 lakhs? That’s a game-changer. It will make higher education accessible to so many more students, helping them to pursue their dreams without the heavy burden of financial constraints. Overall, these initiatives are a huge leap towards a more inclusive and dynamic future for our country.”