Post- Budget reaction from Mr. Prajodh Rajan, Co-Founder & Group CEO, Lighthouse Learning
The much-awaited Union Budget has provided some impetus for the education sector. The increase in the Education outlay to Rs. 1.12 Lac Cr is a welcome move in the right direction towards achieving the NEP goal of 6% contribution to GDP. It is noteworthy that the School Education budget has grown by 17% and I look forward to a more enabling environment for private institutions as well. The plan of a National Digital Library supported by e-content in all Indian languages will provide access to quality education for more children. Steps on teacher recruitment and teacher training through specialized institutions will help democratize early-year education in the country. Fuelled by the allocation provided in this budget, we now need to see execution plans for various progressive initiatives laid out in the NEP for India to move towards its educational vision of being a “Vishwa Guru”.