pre-budget expectations – Shweta Sastri, Managing Director, Canadian International School, Bangalore.

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New Delhi, July 18, 2024: In the new globalized world, education has become the passport to progress and students across India are looking for opportunities. The education sector is the bedrock of the country’s economic and socio-cultural identity and should stand at the forefront of innovation and adaptability, ready to face evolving needs of learners in the years to come. Hence, we expect that the upcoming budget promises adequate public investment on education to lead young India on a path of unprecedented growth.

Some specific areas of favourable allocation in the budget should include : expansion of infrastructure for education, investment in skill development programs (particularly in areas that align with emerging industries), expansion of scholarships and other financial aid programs for students from economically weaker sections of society, implementation of new pedagogical methods that focus on learning for a lifetime, strengthening of vocational training programs to equip students with industry-relevant skills and increased investment in research and innovation in the field of education. There is also a need to upscale the education system to attract more foreign students to the country to promote India as a global study destination.

A large part of the population depends on educational loans to pursue their studies. Hence, encouraging more students to take up their course of interest with lower interest rates on such loans is essential for their optimal growth and development. Additionally, the government is expected to announce measures to further promote the integration of technology in education and to build future-ready skills in students which are required to succeed in a rapidly changing job market.

Overall, addressing issues like gender disparity, access to quality education in rural areas, and the need for increased investment in education are crucial in achieving equitable and inclusive education for all. Another important aspect to be considered is improved internet connectivity infrastructure across the nation that promotes last-mile access. Looking ahead, we must strive to ensure that the learning experience remains meaningful and enriching. It is important to nurture, challenge, and empower all students to be successful in whatever they choose in life.

Corporate Comm India (CCI Newswire)