Question

Consider the following:
I.National Education Policy 2020 (NEP 2020) unequivocally endorses and envisions a substantial increase in public investment in education by both the Central government and all State Governments to reach 6% of GDP.
II.The Education Ministry has increased the budget allocation by 13.68% from 2020-21 to 2023-24.
III.Budgeted Expenditure on Education 2018-19 to 2020-21, total expenditure on education as a percentage of GDP has shown decreasing trend and for the year 2020-21 it is 4.64%. Which of the following statement is/are correct regarding “Education budget”?

Q: Answer-Consider the following: I.National Education Policy 2020 (NEP 2020) unequivocally endorses and envis...

National Education Policy 2020 NEP 2020 unequivocally endorses and envisions a substantial increase in public investment in education by both the Central government and all State Governments to reach 6 of GDP. The Education Ministry has increased the budget allocation by 13.68 from 2020-21 to 2023-24. Budgeted Expenditure on Education 2018-19 to 2020-21, total expenditure on education as a percentage of GDP has shown an increasing trend and for the year 2020-21 it is 4.64.