NEW DELHI: The Ministry of Education in the recent budget received an allocation of โน1,28,650.05 crore, marking a 6.65% increase from the previous year. Of this, โน78,572 crore has been earmarked for school education, while โน50,078 crore is allocated to higher education.
Anil Kapasi, Co-Founder and Managing Director, Arihant Academy shares his insights into this yearโs budget.
READ MORE: New tax bill will be positive for the economy: Experts say
One of the key highlights of this yearโs budget is the governmentโs push for artificial intelligence (AI) in education, with the establishment of AI centers and a Center of Excellence.
He welcomed this move, stating, โThe governmentโs emphasis on AI in education, with the establishment of AI centers and a Center of Excellence, is a breakthrough. This will usher in an era of personalized learning, making education more adaptive and efficient for each student.โ
Arihant Academy is a premier coaching institute based in Mumbai, India, established in 1998. It provides comprehensive educational services across various boards and streams, including the Secondary School Certificate (SSC), Indian Certificate of Secondary Education (ICSE), and Central Board of Secondary Education (CBSE).
ALSO READ: MVPRockets: Tech product development company targeting North American market
Kapasi praised the governmentโs announcement regarding the establishment of 50,000 Atal Tinkering Labs in government schools over the next five years. โThe expansion of 50,000 Atal Tinkering Labs, along with the crucial step of ensuring broadband access in all government secondary schools, will democratize learning like never before. Nurturing innovation at the grassroots level is essential for building a vibrant and technologically advanced nation,โ he said.
The budget also announced additional infrastructure planned for five IITs established after 2014, accommodating 6,500 more students, including IIT Patna.
Speaking on this, Kapasi remarked, โThe expansion of capacity across 23 IITs is another significant stride towards strengthening Indiaโs technical education ecosystem. The establishment of a Deeptech Fund of Funds and the 10,000 fellowships under the PM Research Fellowship Scheme are bold moves that will drive cutting-edge innovation. These initiatives will not only position India as a global leader in technology and research but also create exciting opportunities for our brightest minds.โ
The government has also launched the Bharatiya Bhasha Pustak Scheme, an initiative aimed at providing digital-format books in Indian languages for school and higher education, making education more inclusive and accessible.