The Union Finance Minister P. Chidambabram while presenting the 82nd Union budget stressed on to create opportunities for youth to acquire education and skills that will get them good jobs and self-employment.
The union government has allocated Rs. 65,867 crore for the education with an increase of 17 percent over the last year’s allocation of Rs.61, 427 crore.
In his speech Finance Minister said that education is the high priority for the government-“I propose to allocate Rs. 65,867 crore to HRD Ministry, which is an increase of 17 per cent over the revised estimate of the previous year. The Sarva Siksha Abhiyan (SSA) and the RTE are firmly in place. I propose to provide Rs. 27,258 crore for SSA,” he said.
With an increase of 25.6% of the previous year budget, Rs 3,983 crore will be invested in Rashtriya Madhyamik Shiksha Abhiyan.
The mid day meal program has been allotted 13,215 crore.
Finance Minister has asked National Skill Development Corporation to set the curriculum and standards for skill development trainings. At the end of the training a test would be conducted by authorized certification bodies. Upon clearing the test candidate will be presented with a certificate as well as scholarship of Rs. 10,000 per candidate. For the purpose of scholarships and monetary awards, Finance Minister P. Chidambabram has proposed Rs. 1,000 crore for this scheme.