Budget 2024: A Boost for Education

Union Budget 2024-25 prioritizes education and skill development 

The Union Budget 2024-25 has made significant strides in bolstering India’s education sector. With a substantial allocation of ₹1.48 lakh crore, the government aims to enhance accessibility to higher education and foster a skilled workforce. 

 Key initiatives include increased loan amounts for higher education, interest subventions for students, and a robust plan to skill 20 lakh youth. Industry leaders, such as Amit Kapur of Vedatya, have welcomed these measures as crucial steps towards creating a brighter future for India’s youth. 

By focusing on both affordability and employability, the budget demonstrates a strong commitment to human capital development. 

Amit Kapur highlighted that the increased loan amounts for higher education, coupled with interest subventions, as significant steps towards making education more accessible. He also applauded the government’s emphasis on skill development and aligning education with industry needs. Kapur expresses optimism about the future of education in India and Vedatya‘s role in contributing to it.  

Source Link: https://cxotoday.com/specials/voices-of-change-key-quotes-on-indias-post-budget-2024-reactions/