Aspirational India: New Education Policy to be announced soon

The Union government is gearing up to announce a new education policy by 2030, as India is set to have “the largest working-age population in the world.”

Not only do they need literacy but they need both job and life skills. Dialogues have been held with State Education Ministries, Members of Parliament and other stakeholders about the education policy. Over two lakh suggestions were also received, said Union Finance Minister Nirmala Sitharaman.

Sitharaman, in her Budget, has stated about the greater inflow of finance to attract talented teachers, innovate and build better labs. “Therefore steps would be taken to enable sourcing External Commercial Borrowings and Foreign Direct Investment (FDI) so as to be able to deliver higher quality education,” she said.

While there is an emphasis on attracting more FDI in the higher education center, there has been a negligible increase in the Higher Education budget. While the Higher Education budget stood at ₹38,717.01 crores in 2019-20 allocation, in 2020-21 it has been marginally hiked to ₹39,466.52 crores.

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Sandy Hooda

Sandy Hooda

Sandy Hooda is a first generation entrepreneur with an outstanding track record in technology and hospitality ventures. He realised through personal experience that his school education not only undermined his love of learning, but also played an insignificant role in him becoming successful in life. To better understand whether anyone had solved this education puzzle, he spent three years traveling around the world identifying the most progressive schools and galvanising the superstar education leaders behind these schools in order to create Vega Schools. His life mission is to revolutionise education based on research on ‘why’ and ‘how’ we learn so there is perfect harmony between school education, love of learning, and success in life.

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