Union Budget 2023: Key Takeaways for The Education Sector This Year

Last Update: February 01, 2023, 14:47 IST

Sitharaman said NEP 2020 has been formulated to provide employable skills to the youth and help in job creation (PTI photo).

Sitharaman said NEP 2020 has been formulated to provide employable skills to the youth and help in job creation (PTI photo).

Education Budget 2023: Non-curriculum books to be published in English and regional languages ​​to promote reading habit among children. 30 Skill India International Centers to be set up in different states to skill youth for international opportunities

In the recently announced Union Budget 2023, the education budget focuses on increasing literacy among children in an organic way as well as building an ecosystem that equips youth with the right skills for the job market. Non-curriculum books will be published in English and regional languages ​​to promote reading habit among children.

The National Book Trust, Children’s Book Trust and other sources will be encouraged to provide and supplement genuine libraries with non-curricular titles in regional languages ​​and English. Finance Minister Nirmala Sitharaman said that this will also help in compensating the loss suffered by the students during the Kovid-19 pandemic.

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In addition, a National Digital Library for Children with device-agnostic accessibility will be set up and states will be encouraged to build physical libraries at the panchayat level. To inculcate financial literacy, financial sector regulators and organizations will be encouraged to provide age-appropriate reading material to these libraries. NGOs will be involved to identify the sections with low literacy level and work towards their betterment.

Minister announces recruitment to increase literacy among tribal children 38,800 teachers and support staff For 740 Eklavya Model Schools serving 3.5 lakh tribal students in the next three years. through district institutions of Education and training, teachers’ training will be revamped through innovative pedagogy, course delivery, continuous professional development, dipstick survey and ICT implementation.

skilling and job creation

The Finance Minister said that the National Education Policy (NEP) 2020 has been formulated to provide employable skills to the youth and help in employment generation. He announced that Pradhan Mantri Kaushal Vikas Yojana 4.0 will be launched to skill lakhs of youth within the next three years. Emphasis will be on on-job training, industry partnership and alignment of courses with industry needs.

The plan will also include new age courses like coding, AI, robotics, mechatronics, IoT, 3D printing, drones and soft skills. The Finance Minister said that “Make AI in India and Make AI Work for India”, three Centers of Excellence for Artificial Intelligence will be set up in top academic institutions. Leading industry players will partner to conduct interdisciplinary research, and develop cutting-edge applications and scalable problem solving in the areas of agriculture, health and sustainable cities Develop solutions that will drive an effective AI ecosystem and nurture quality human resources in the sector.

30 Skill India International Centers will be set up in different states to skill the youth for international opportunities. An integrated Skill India digital platform will be launched to facilitate connectivity between job seekers and employers including MSMEs and help them access entrepreneurship schemes. In addition, the National Apprenticeship Promotion Scheme will provide scholarships to 47 lakh youth over three years through Direct Benefit Transfer.

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