In a positive development for the education sector, union finance minister Nirmala Sitharaman included accentuation the new instructive arrangement while introducing the spending plan for the year 2021-22 on Monday
Some noticeable educationalists from Pune invited Sitharaman’s lift to the instruction area with a declaration of ₹50,000 crore over the course of the following five years for the National Research Foundation (NRF).
Rahul V Karad, overseeing trustee and leader president, MAEER’s MIT Group of establishments said, “As an educationist, I welcome the budget announced for this year by our FM Nirmala Sitharaman. The budget aims at the overall economical revival with a major thrust on infrastructure, healthcare and agriculture along with other sectors. The announcement about putting up of a central university in Leh to 750 Eklavya Model residential schools in tribal areas and 100 new Sainik schools is definitely a positive move in the right direction. The setting up of National Digital Educational Architecture (NDEAR) and the emphasis on the development of digital infrastructure of the country for the implementation of NEP 2020 will surely address the challenges institutions are facing in remote learning. Apart from this creating a higher education commission will help streamline the higher education scenario of the country. This year’s budget has taken into account some of the challenges faced by the Indian education sector and presents opportunities that can be turned into strengths to make our nation Atmanirbhar, as India will have the largest working age population in the world by 2030.”
Dishan Kamdar, vice Chancellor of Pune based Flame University accepts the public authority’s choice to distribute Rs.50,000 crore more than five years will fill in as an incredible jolt for the country’s research ecosystem.
“Lack of adequate funding has been a constraint for several higher education institutions and this support will enable the institutions and the faculty to produce high quality, rigorous research output. The creation of the Higher Education Commission of India (HECI) as an umbrella structure having four separate bodies for standard-setting, accreditation, regulation, and funding under it will bring in synergies across higher education institutions. In addition, a regulatory mechanism to promote academic collaboration with foreign higher educational institutions will help pave the way for Indian higher education institutions to become truly global in the near future,” he said.
Vidya Yeravdekar, supportive of chancellor of Symbiosis International (considered college) and head chief, Symbiosis said, “The budget announced by the finance minister today especially for the education sector is very welcomed. The National Education Policy rolled out last year and now the focus in the budget is aligned to this policy. ₹50,000 crores for the National Research Foundation is a welcome sign, as these funds will be available to universities to do research which was lacking at Indian universities. This will also help our universities to be listed in the top 100 or 200 universities in the world. The other focus on skill development especially by appending the national apprenticeship programme is also welcomed; this will generate jobs for diploma engineering students because of partnership with the industries.”

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