Senior Content Writer
The Department of Higher Education is also allotted a budget of INR 47619.77 Crore. The Ministry will upgrade around 14,500 schools in line with NEP 2020. Read the full details here!
New Delhi: Union Finance Minister Nirmala Sitharaman announced the Interim Education Budget 2024 on February 1, 2024, ahead of the general elections in April-May 2024. In the 2024 budget, the ministry has allocated a budget of INR 124638 Crore to Education Ministry departments.
The Finance Ministry shared that the Department of School Education and Literacy has increased its budget by INR 4203.25 Crore, to INR 73008.10 Crore in 2024. The Department of Higher Education is also allotted a budget of INR 47619.77 Crore.
In addition to this, the budget allotted for Pradhan Mantri Poshan Shakti Nirman (PM POSHAN) is recorded at INR 12467 Crore and PM Schools for Rising India (PM SHRI) budget allocation increased by INR 2050 Crore, i.e. to INR 6050 Crore in 2024.
Proposed Budget for the Department of School Education and Literacy
The Ministry has announced that around 14,500 schools in the country will be upgraded in line with NEP 2020. Check the proposed budget for the Department of School Education and Literacy in Interim Union Budget 2024 below:
|
Department |
2023-24 |
2024-25 |
|---|---|---|
|
School Education & Literacy |
68804.85 |
73008.10 |
|
Higher Education |
44094.62 |
47619.77 |
|
Total |
112899.47 |
124638.77 |
Expenditure Under Department of School Education and Literacy in 2024-25
Check the major expenditure under the Department of School Education and Literacy in the financial year 2024-25 in the table below:
|
Expenditure Head |
Allocation 2023-24 (All figures in Crore) |
Allocation 2024-25 (All figures in Crore) |
|---|---|---|
|
Samagra Shiksha |
37453.47 |
37500 |
|
Autonomous Bodies (including Kendriya Vidyalaya Sangathan (KVS) and Navodaya Vidyalaya Samiti (NVS)) |
14391.36 |
15638.67 |
|
Total Centrally Sponsored Schemes (including mid-day meals, now known as Pradhan Mantri Poshan Shakti Nirman (PM POSHAN)) |
54010.47 |
57427.39 |
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