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Maharashtra’s Education Budget Sees 9.8% Surge Amidst Concerns Over Allocation Distribution & Scheme Cutbacks

News on Education 7 1 1 ArdorComm Media Group Maharashtra’s Education Budget Sees 9.8% Surge Amidst Concerns Over Allocation Distribution & Scheme Cutbacks

The education sector in Maharashtra has witnessed a notable 9.8% increase in budget allocation for the interim period of 2024-25, with figures rising from Rs 87,314 crore to Rs 95,875 crore compared to the previous year. However, despite this surge, concerns have emerged over the distribution of allocations and cutbacks in flagship schemes. While both school and higher education departments have experienced a boost in funding, a significant portion of the hike is attributed to routine expenditures, particularly salaries for teachers and staff. Notably, expenditure on some key education schemes has been reduced, raising apprehensions about the state’s educational development trajectory. Of particular concern is the reduction in budgetary provisions for reimbursing private schools for admitting socio-economically disadvantaged students. This allocation has dwindled from Rs 200 crore to Rs 173 crore, aggravating grievances from schools claiming outstanding dues amounting to Rs 2,400 crore. Moreover, reductions in the state’s contributions to centrally sponsored schemes like midday meals and Samagra Shiksha have been recorded, despite recent initiatives such as introducing eggs in school meals. However, the budget does allocate Rs 81 crore towards the PM SHRI scheme aimed at upgrading schools in alignment with the New Education Policy. Finance Minister Ajit Pawar’s budget speech outlined plans for youth skill development initiatives, including the establishment of international skill development centers and various training programs. However, actual allocations for these schemes were notably absent from the budget document, raising questions about their implementation. Despite these concerns, there are pockets of positive developments, such as the increased subsidy for the Dr. Zakir Hussain Madrasa Modernization Scheme, aimed at integrating minority students into the mainstream education system. Additionally, measures to address uniformity in scholarships and fellowships for marginalized communities have been articulated, addressing previous criticisms regarding fellowship provisions for doctoral pursuits.  

Concerns Rise as Centre Slashes Education Budget in Interim Budget; UGC Funding Takes a Hit

News on Education 1 ArdorComm Media Group Concerns Rise as Centre Slashes Education Budget in Interim Budget; UGC Funding Takes a Hit

The interim budget for education in India has sparked concerns as the government announced a 7% reduction in allocations, significantly impacting higher education funding. The University Grants Commission (UGC) faced the largest-ever cut of 61% in the last five years, raising apprehensions about the potential repercussions on universities and students. The budget for schools experienced a marginal dip, while central universities witnessed a 28% increase in grants. However, support for Indian Institutes of Management (IIMs) was trimmed for the second consecutive year. The interim budget, presented on Thursday, allocated ₹1.2 lakh crore for education, reflecting a 7% decrease compared to the revised estimate for 2023-24. The UGC, responsible for higher education, bore the brunt of funding cuts, with its allocation reduced from ₹6,409 crore in 2023-24 to ₹2,500 crore in 2024-25. Despite the challenges, Union Finance Minister Nirmala Sitharaman emphasized the government’s commitment to transforming education through the National Education Policy (NEP) 2020. The focus is on empowering the youth during the “Amrit Kaal,” the 25 years leading to 2047. Experts raised concerns over the impact of the drastic UGC budget cut, fearing it might encourage universities to rely on self-financing courses, burdening students and increasing dependence on loans. UGC Chairperson M Jagadesh Kumar reassured a commitment to quality higher education and efficient fund utilization. While the budget for central universities saw a notable increase of 28%, support for IIMs faced a reduction for the second consecutive year, dropping from ₹608.23 crore in 2022-23 to ₹212.21 crore in 2024-25. Union Education Minister Dharmendra Pradhan hailed the budget as a stepping stone towards a “Viksit Bharat” (developed India) and highlighted the “Jai Anusandhan” scheme with a ₹1 lakh crore corpus fund as a significant announcement.