“This is perhaps the most awaited budget for the education sector in recent history. A number of the initiatives of the Government are appreciable. The proposed National Research Foundation should enable India to lay more emphasis on the quality and volume of research in emerging areas. We can see an increased focus on start ups and MSMEs with a number of initiatives that may trigger economic growth and employment generation. Further, we laud the Government’s initiative to attract foreign students through the Study in India program. By including this initiative in Union Budget, Government has emphasized its effort to increase India’s market share of global education exports. Allocation of Rs 400 crore for world-class higher education institutions in FY20 is again a welcome move to improve the quality of education infrastructure of our country.
This Union budget 2019 comes bearing good news for Indian youth. Skill development in new and emerging technologies such as artificial intelligence, big data and robotics is a forward looking move by the Government. Today’s budget pivots on creating opportunities for our aspiring youth and the rural economy. This will help the country in generating jobs and also in bridging the skills gap.”