Direct link to scholarships offered by  Govt. of India

List of Private NGOs offering scholarships

Abu Marwan Abdal Malik Ibn Zuhr: ‘Avenzoar’

Abu Marwan Abdal Malik Ibn Zuhr, known in the west as Avenzoar, was

Ummid Assistant

AMU declares entrance test dates for its UPSC coaching centre

Welcome Guest! You are here: Home » National

Budget 2011: Education gets 24% hike; AMU, Azad foundation get funds

Monday February 28, 2011 03:32:43 PM, Agencies

Related Articles

Budget promises more money for all - farmers to corporates

Promising more money in the hands of households by hiking the income tax exemption limit and lowering tax surcharge for corporates, Finance Minister Pranab Mukherjee Monday presented the    »

Highlights of Pranab Mukherjee's budget for 2011-12

Pranab's budget has Rs.8,000 crore for Kashmir's development

New Delhi: Observing that education is the key to reaping the benefits of the demographic dividend in the form of a young population, Finance Minister Pranab Mukherjee Monday announced a 24 percent hike in the budget allocation for education. He also announced more funds for Maulana Azad Education Foundation and Aligarh Muslim University (AMU) off campus centers in West Bengal and Kerala.

"For education, I propose an allocation of Rs.52,057 crore, with an increase of 24 percent over the current year," Mukherjee informed the Lok Sabha while presenting the budget.

"Our demographic dividend, a relatively younger population compared to developed countries, is as much of an opportunity as it is a challenge. Over 70 percent of India will be of working age by 2025. In this context universalising access to secondary education, increasing percentage of our scholars in higher education and providing skills training is necessary," he said.

The allocation for Right to Education was meanwhile hiked by 40 percent.

"The operational norms of Sarva Shiksha Abhiyaan have been revised to implement the right of children to free and compulsory education which came into force from April 1, 2010. For the year 2011-12, I propose to allocate Rs.21,000 crore which is 40 percent higher than Rs.15,000 crore allocated in Budget 2010-11," he said.

 

The finance minister announced grants of Rs.50 crore each for Aligarh Muslim University's upcoming campuses at Murshidabad in West Bengal and Malappuram in Kerala along with Rs.100 crore as a one-time grant to Kerala Veterinary Animal Science University.

 

The minister also sanctioned Rs.20 crore to the Indian Institute of Management, Kolkata for setting up a financial research and training laboratory and Rs.200 crore for the Maulana Azad Education Foundation.

Also, Rs.10 crore each was allocated for setting up the Kolkata and Allahabad centres of the Wardha-based Mahatma Gandhi Antarrashtriya Hindi Vishwavidyalaya.

The Indian Institute of Technology, Kharagpur will get Rs.200 crore as a one-time grant.

The Delhi School of Economics and Madras School of Economics have also been allotted Rs.10 crore each.


The finance minister also said that vocationalisaton of secondary education will be implemented from 2011-12 as a centrally sponsored scheme to improve employability of youth.

The minister also announced a scheme for scholarship for Scheduled Castes and Scheduled Tribes students in classes 9 and 10.

"Empowerment flows from education. While the Scheduled Castes and Scheduled Tribes students have access to post-matric scholarship, there was so far a lack of pre-matric scholarship scheme.

"In 2011-12, I propose to introduce a scholarship scheme for needy students belonging to Scheduled Castes and Scheduled Tribes studying in class 9th and 10th. This would benefit about 40 lakh students," the minister said.

Mukherjee also said that the proposed National Knowledge Network, which aims at connecting 1,500 institutes of higher learning and research across the country will connect 190 institutes by March this year while the rest will be brought into the network by March 2012.

The minister also informed that the National Skill Development Council (NSDC) is well on course to achieve its mandate of creating 15 crore skilled workforce two years ahead of 2022, the stipulated target year.

"It has already sanctioned 26 projects with a total funding of Rs.658 crore. These projects alone are expected to create more than four crore skilled workforce over the next ten years.

"In the current year, skill training has so far been provided to 20,000 persons. Of these, 75 percent have found placements. I will provide an additional Rs.500 crore to the National Skill Development Fund during the next year," he said.

 

 

 

 

 

 

  Bookmark and Share                                          Home | Top of the Page

Comments

Note: By posting your comments here you agree to the terms and conditions of www.ummid.com

Comments powered by DISQUS

 

 

 

Top Stories

500 Indians return from Libya with horrifying tales of sufferings

The dawn of Sunday brought more than 500 Indians here from Libya with tales of suffering and killings in the strife-torn country. Some said they had gone without food and  »

Arab world on boil, US imposes sanctions on Libya

Nine die in Iraq protests as demonstrations scald Arab world

 

Picture of the Day

Supporters cheer as Pakistan beat Sri Lanka in 2011 World Cup Group A match February 26, 2011. Pakistan won the match by 11 runs.

 

  Most Read

ICSE like board for Indian Madrasas… Inamadar’s mantra for their reform

Giving an interesting twist to the debate on Madrasa reforms and modernisation, renowned educationalist and Chairman of    »

Madrasa Reforms: A call for change

Iran to remove fuel from its first nuclear power plant

Iran's envoy to the International Atomic Energy Agency (IAEA) has said the fuel placed inside the reactor of the country's first nuclear power plant will be temporarily removed to run a number of tests, a media a media report said. Upon Russia's request   »

Major setback for Iran's first N-plant: Report

 

  News Pick

Jaipur's mother of 66 fashioning new lives

She has not given birth to them, but she proudly calls herself the mother of 66 children. Manan Chaturvedi, 35, would probably have become  »

Jamia Millia students making their mark in Bollywood

They are making films with big names and editing critically acclaimed movies. The alumni of Jamia Millia Islamia's Mass Communication Research Centre, who are going places in the film industry, give  »

Incredible India comes to Washington

Incredible India in its myriad wondrous colours is all set to make a splash in this American capital with "Maximum India", a mega festival celebrating its cultural diversity. The 20-day cultural extravaganza opening Tuesday at the   »

Kuwait's Indian embassy sets model to help workers in distress

It is a model that other Indian embassies in the Gulf region could emulate while dealing with problems of Indian workers, particularly women, in distress.  »

Kuwait in celebratory mood for 50th anniversary of independence

Recruitment drive in Aligarh Muslim University

For the first time in the history of Aligarh Muslim University (AMU), its students' union organised a recruitment drive, an exercise to break away from the usual political muscle-flexing and rabble-rousing. Four MNCs -- HCL,  »

 

 
 
 
 
 

RSS  |  Contact us

| Quick links

News

 

Subscribe to

Ummid Assistant

 

National

Religion

RSS

Scholarships

About us

International

Culture

Twitter

Government Schemes

Feedback

Regional

History

Facebook

Education

Register

Politics

Opinion

Newsletter

 

Contact us

Business

Career

     

Education

       

 

 

Ummid.com: Disclaimer | Terms of Use | Advertise with us | Link Exchange

Ummid.com is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.

© 2010 Awaz Multimedia & Publications. All rights reserved.