Budget 2021: Finance Minister Announces Key Initiatives For Enhancing Research, Skilling And Implementation Of NEP

Minister of Finance and Corporate Affairs Nirmala Sitharaman presented the Union Budget 2021-22 in the Parliament on Monday 1st February 2021. Minister Sitharaman outlined several important initiatives earmarked for the education sector including legislation to be introduced to set up the Higher Education Commission of India as an umbrella body with four separate vehicles for standard-setting, accreditation, regulation and funding, which is seen as a welcomed step towards the implementation of the NEP 2020.   Key Budget Highlights:  More than 15,000 schools will be qualitatively strengthened to include all components of the National Education