The Indian government has allocated $2.9-billion for higher education in its 2011-12 budget, a 34-percent increase from the previous year. India’s public technical-education institutions will get the biggest chunk, with $1.25-billion, followed by the country’s university regulator, which will receive $1.16-billion. “Our demographic dividend” of a relatively younger population compared with developed countries is as much an opportunity as it is a challenge, said Pranab Mukherjee, India’s finance minister, in his budget speech, adding that by 2025 more than 70 percent of Indians will be of working age. “In this context, universalizing access to secondary education, increasing the percentage of our scholars in higher education, and providing skill training is necessary,” Mr. Mukherjee said. Even though the budget increase is considerable, some analysts say India will need to spend more if it wants to meet its goal of quickly raising overall enrollment.
|
Previous Alberta Leaves Millions of Dollars in Donations to Higher Education Unmatched |
Next Germany’s Defense Minister Resigns After University Revokes His Doctorate |
Indian Government Increases Budget for Higher Education
March 1, 2011, 11:55 am
Confirm Your Email Address
You must confirm the email address associated with your account to use this Chronicle feature.
If you have already confirmed your account, try refreshing your browser.
-
machimon
-
sciencegrad
-
commserver
-
mycantarella
-
johnlehman
-
arrive2__net
-
gloverparker
-
mscardenas
-
llouis
-
chandrak
-
greenhills73
-
prole
-
x7c00
-
rosinbio
E-mail a Friend


The Global Ticker: The Chronicle's global-news blog, with updates from our correspondents around the world.