Key highlights of Budget estimate 2021-22 for edu sector
Total funds of Rs 93,224 crore allocated for the education sector, out of which, Rs 54,873.66 crore proposed for school education and Rs 38,350.65 allotted for higher education Over 15,000 schools to be strengthened as model schools to incorporate the new National Education Policy (NEP) 2020
100 new Sainik schools to be setup in partnership with NGOs and private sector companies
750 Eklavya Model residential schools to be established in tribal areas. Increase in unit cost for each school form Rs 20 crore to Rs 38 crore and, to Rs 48 crore for schools in hilly areas Post-matric scheme revamped with an allocation of Rs 35,219 crore for six years to benefit about four crore SC students
Higher Education Commission of India (HECI), an umbrella body with four separate bodies for standardsetting, accreditation, regulation and funding will be established in nine cities