The Union Government slashed the budgetary allocation for the Ministry of Education by 6.13 percent when compared with the allocation in 2020-21. The announcement regarding the budgetary allocation for the financial year 2021-22 was made in the Union Budget 2021-22 presented by Finance Minister Nirmala Sitharaman said.
The Ministry was originally allocated Rs 99,311.52 crore for 2020-21 fiscal, which was eventually revised to Rs 85,089.07 crore as the coronavirus pandemic hit the country and classes were ordered shut to prevent the spread of the virus.
The Ministry of Education’s Department of School Education and Literacy will receive Rs 54,873.66 crore for the upcoming financial year as against Rs 59,845 crore last year. The Department of Higher Education, which received Rs 39,466.52 crore last Budget, has been allocated Rs 38350.65 crore for 2021-22, registering a dip of Rs 1115.87 crore. The budget for the Higher Education Financing Agency (HEFA) has been reduced from Rs 2200…