budget allocated to education 2023

• 3G, 4G & Call Packages

Govt Allocates Just Rs. 97 Billion for Education in Budget 2023-24

The government has earmarked Rs. 97.098 billion for Education Affairs and Services in the federal budget for 2023-24 against the revised allocation of Rs. 91.777 billion for the current fiscal year, showing an increase of around 5.5 percent.

Pakistan’s public expenditure on education as a percentage of GDP is estimated at 1.7 percent in the fiscal year 2022-23 against 1.4 percent for the last fiscal year, which is the lowest in the region.

The bulk of expenditure of Rs. 76.589 billion has been allocated for Tertiary Education Affairs and Services in budget 2023-24, which is 79 percent of the total allocation under this head.

The government has earmarked Rs. 4.468 billion for pre-primary & primary education affairs for 2023-24 against Rs. 3.786 billion for 2022-23, Rs. 10.778 billion earmarked for Secondary Education Affairs & Services for 2023-24 against Rs. 8.863 billion for 2022-23, Rs. 3.698 billion for administration against the revised Rs. 2.010 billion for 2022-23 which was later revised to Rs. 2.430 billion.

After the 18th Constitutional amendment, education as a subject has been devolved to provinces, and the federal government mainly finances higher education.

According to the budget documents Rs. 59.71 billion has been earmarked for Higher Education Commission (HEC) under the Public Sector Development Programme (PSDP) for 2023-24 against Rs. 44.718 billion for 2022-23.

📢 For the latest Business news and analysis join ProPakistani's WhatsApp Group now!

Follow ProPakistani on Google News & scroll through your favourite content faster!

Support independent journalism

If you want to join us in our mission to share independent, global journalism to the world, we’d love to have you on our side. If you can, please support us on a monthly basis. It takes less than a minute to set up, and you can rest assured that you’re making a big impact every single month in support of open, independent journalism. Thank you.

• Rs.500 per month
• Rs. 1500 per month
• Rs. 2500 per month

ProPK Staff

Latest news, education ministry to update outdated matric curriculum.

Pakistan’s Aamer Jamal Leaves Warwickshire Mid-Season Due to Back Inj…

Rupee Again Falls Against US Dollar, British Pound, Euro

Security Survey 2024 Reveals Worsening Situation in Pakistan

Power Ministry Overbilled Electricity Consumers

Now Trending

ISI Can Now Officially Listen to Phone Calls, Check WhatsApp Messages and More

IESCO Introduces New Billing System for Electricity Users

Federal Cabinet Approves Rs. 5.72 Per Unit Hike in NEPRA Base Tariff on IMF Demand

Here's the US Visa Rejection Rate of Pakistani Applicants

IESCO to Replace Existing Electricity Meters With New Ones

Discover Ideas Perfect Handbag Collection for the Summer Season

• This Summer Dress in Luxury Pret with Jeem
• Discover the Elegance of Ideas Man Ethnic Wear Collection
• Urooj Ahmed Discusses Alkaram’s Repositioning: Balancing…
• Elevate Your Style with Ideas Latest Jewelry Collection

Spotify Features Tharparkar Artist Mai Dhai on Ti…

Spotify Pakistan Celebrates World Music Day Highl…

Celebrate in Style with Ideas Exquisite Eid Colle…

Discover the Essence of Eid Collection: GulAhmed&…

Rowdy Fan Throws Object at Mahira Khan in Viral C…

Perspective.

Disruptions Caused on Famous Shipping Routes Impacting Global Trade With High Cost and Transit Time

• Missed Opportunities: How Pakistan’s IT Sector Fell Behi…
• Banking Without Boundaries: Advancing Accessibility in Pakista…
• Exploring the Hidden Hunger and its Disproportionate Impacts o…
• FBR’s Toothless Exercise to Block Non-Filers’ SIMs: A Pointles…

A Love Letter to Pakistan: A Foreign CEO Reflects…

The Vulnerability of Women in the War on Gaza

Creating an Ecosystem for Lean Customer Experience

The Lost Kingdom of Atlantis

Is this a watershed moment for S&T in Pakist…

ProPakistani is the premier and most trustworthy resource for all happenings in technology, telecom, business, sports, auto, education, real estate and entertainment news in Pakistan. Whether it's the top trending news, inside scoops or features, interviews, market trends and analysis, product reviews, How to's or tutorials – we cover it all.

• Telecom News
• Business News
• Education News
• Samsung Price in Pakistan
• iPhone Price in Pakistan
• OPPO Price in Pakistan
• Infinix Price in Pakistan
• Tecno Price in Pakistan
• Xiaomi Price in Pakistan
• Vivo Price in Pakistan
• Zong Call Packages
• Zong SMS Packages
• Zong Internet 3G / 4G Packages
• Jazz Call Packages
• Jazz SMS Packages
• Jazz Internet 3G / 4G Packages
• Telenor Call Packages
• Telenor SMS Packages
• Telenor Internet 3G / 4G Packages
• Ufone Call Packages
• Ufone SMS Packages
• Ufone Internet 3G / 4G Packages
• Celebrities
• Prayer Timings
• Budget 2024-25
• Live Streaming Today
• T20 World Cup 2024
• T20 World Cup 2024 Teams
• T20 World Cup 2024 Stats
• T20 World Cup 2024 Live Score
• T20 World Cup 2024 Live Streaming
• T20 World Cup 2024 Points Table
• T20 World Cup 2024 Schedule
• Privacy Policy

© 2024 ProPakistani.PK - All rights reserved

• Tech and Telecom
• Mobile Packages

Follow ProPakistani to get latest news and updates.

ProPakistani Community

Join the groups below to get latest news and updates.

Session expired

Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.

Budget 2023: Rs 1.12 lakh crore allocated to education sector, highest ever — here are the highlights

As per the national education policy, 2020 (nep) public investment on education should be 6 percent of india’s gdp. india’s education budget has never touched this number..

The Economic Times daily newspaper is available online now.

Budget 2023: education gets 'highest ever' allocation; share in gdp remains stagnant at 2.9%.

Education minister Dharmendra Pradhan tweeted that the "highest ever allocation" to the education sector would pave the way to transform India into a "knowledge-based economy".

Read More News on

(Catch all the Business News , Breaking News , Budget 2024  Events and Latest News Updates on The Economic Times .)

Subscribe to The Economic Times Prime and read the ET ePaper online.

Why now is the time to take a long, hard look at your investment portfolio

How Sebi orders fared before SAT

Why leading doctors, scientists pin hope on green jackfruit to fight fatty liver and cancer

Value guru Raamdeo seeks meaning of ‘eternity investing’ in the time of momentum

What Boeing’s ‘guilty’ plea means for AI, Akasa, SpiceJet et al.

How to solve the unreliability problem messing up India’s jobs data

Find this comment offensive?

Choose your reason below and click on the Report button. This will alert our moderators to take action

Reason for reporting:

Your Reason has been Reported to the admin.

To post this comment you must

Log In/Connect with:

Fill in your details:

Will be displayed

Will not be displayed

Share this Comment:

Uh-oh this is an exclusive story available for selected readers only..

Worry not. You’re just a step away.

Prime Account Detected!

It seems like you're already an ETPrime member with

Login using your ET Prime credentials to enjoy all member benefits

Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.

To read full story, subscribe to ET Prime

₹34 per week

Billed annually at ₹2499 ₹1749

Super Saver Sale - Flat 30% Off

On ET Prime Membership

Unlock this story and enjoy all members-only benefits.

Offer Exclusively For You

Save up to Rs. 700/-

ON ET PRIME MEMBERSHIP

Get 1 Year Free

With 1 and 2-Year ET prime membership

Get Flat 40% Off

Then ₹ 1749 for 1 year

ET Prime at ₹ 49 for 1 month

Monsoon Offer

Get flat 20% off on ETPrime

90 Days Prime access worth Rs999 unlocked for you

Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

Stock analysis. Market Research. Industry Trends on 4000+ Stocks

​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​

Stories you might be interested in

• Bihar Board

Sanskriti University

James dyson award, srm university.

• Education News
• Web Stories
• Current Affairs
• Short Videos
• School & Boards
• College Admission
• Govt Jobs Alert & Prep
• GK & Aptitude
• Education news

Latest Education News

Education budget 2023 highlights: pdf download with key summary and takeaways, education budget 2023-24: finance minister nirmala sitharaman presented the union education budget 2023-24 in parliament on february 1. here are the key highlights from education budget 2023, summary, explanations, and complete analysis. .

Education Budget 2023 Live Updates by FM Nirmala Sitharaman Speech: The Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023 in Parliament on February 1. This is the fifth budget presented by the Finance Minister since she took over the Ministry of Finance of the country. Union Budget 2023 is the last full-fledged budget before the Lok Sabha polls next year. 

Education Budget 2023 Allocation 

Education budget 2023 highlights, 100 labs to be set up in engineering colleges to develop apps using 5g.

FM Nirmala Sitharaman has announced that 100 labs will be set up in engineering institutions that will work on developing applications using 5G services in collaboration with various authorities, banks, regulators and other businesses. The applications will include smart classrooms, intelligent transport system, precision farming, and healthcare applications to utilise the new technological opportunities coming in with the prospect of fresh business models and potential jobs.  

National Digital Library To Be Set Up 

Multidisciplinary courses for medical devices and research .

Finance Minister also announced multidisciplinary courses for medical devices will be supported in existing institutions to ensure the availability of skilled manpower for futuristic medical technologies, high-end manufacturing and research.

Recruitment of Teachers for Tribal Schools

To boost education for tribal students, the government will recruit 38,800 teachers within the next three years to the 748 modern residential schools, serving 3.5 lakh tribal students. As many as 38,000 teachers and support staff are to be recruited in the next 3 years, for 740 Eklavya Model Residential Schools serving 3.5 lakh tribal students.

Make AI in India and Make AI Work for India

Pm kausal vikas yojana 4.0 for skill development .

The Pradhan Mantri Kaushal Vikas Yojana, which is a skill development initiative scheme for the recognition and standardisation of skills, is being levelled up. Indian youth will get access to courses that can skill them in coding, robotics, drones, mechatronics, IoT, 3D printing, and essential soft skills so that they are ready for the global job industry.  

Devyani Jaipuria, Chairperson of Dharav High School, Pro- Vice Chairperson- DPS International Gurugram, DPS 45 & DPS Jaipur, stated - "To start with, the clear commitment to setting up 30 India International Skill centers across states under Pradhan Mantri Kaushal Vikas Yojana 4.0 will not only train and build skills among children but also help in channelising the efforts to make India the source of skilled manpower for the world. "

The finance minister proposed the launch of a unified Skill India digital platform that will facilitate formal skilling as per demands, provide access to entrepreneurship schemes, and also link job-seekers with employers including MSMEs. Devyani Jaipuria further stated - " Additionally, the focus on traditional artisans and micro-entrepreneurs and linking them to the MSME chain and providing them a forward linkage to their products and craft will further have a positive impact on both the skill and entrepreneurship development in the rural areas."

Education Budget 2023 Live Updates What’s New: Funds, Schemes, Interventions  

• The government will launch Pradhan Mantri Kaushal Vikas Yojana 4.0: FM Nirmala Sitharaman
• Phase 3 of E-courts projects to be launched with outlay of Rs 7,000 crore: FM Nirmala Sitharaman
• Leading industry players will partner to developing, providing scalable options for health, agri and other sectors: FM Nirmala Sitharaman
• 100 labs will be set up for developing apps using 5G services in engineering institutions: FM Nirmala Sitharaman
• Teacher training will be envisioned through innovative pedagogy, continuous professional development, curriculum transaction and ICT implementation. The district institutes of education and training will be developed into vibrant institutes of excellence for this purpose: FM Nirmala Sitharaman
• National Child Trust, Children's Book Trust and other sources to be encouraged to provide and replenish non-curricular titles in regional languages and English, to these libraries; collaboration with NGOs working in literacy also to be done: FM Nirmala Sitharaman
• PM VIKAS (Pradhan Mantri Vishwakarma Kaushal Samman), which was announced in Budget 2023, will include skilled people who are engaged in various traditional and skilled professions.
• To skill the youth for international opportunities, 30 Skill India International Centres will be set up across different States: FM Nirmala Sitharaman
• To provide support to 47 lakh youths in 3 years, a Direct Benefit Transfer under a pan India national apprenticeship scheme will be rolled out: FM Sitharaman

• States will be encouraged to set up physical libraries for them at panchayat and ward levels and provide infrastructure for accessing the National Digital Library resources: FM Nirmala Sitharaman

• Indian Institute of Millet Research will be supported as a centre of excellence: FM Nirmala Sitharaman in Parliament 

• Leading industry players will partner in conducting inter-disciplinary research, develop cutting-edge applications & scalable problem solutions in the areas of agriculture, health and sustainable cities: Union Finance Minister Nirmala Sitharaman

Updated as on February 1, 2023 at 1:11 PM

In last year’s Education budget, the financial allocation was Rs. 1.04 lakh crore which was more than the funds allocated in 2021-22. A total of Rs 93,224 crore (Budget estimate) was allocated to the education sector in 2021-22. 

Education Budget Highlights: Important Facts & Figures of Indian Education Budget 2022-23

• World-class universities will be allowed to offer courses in financial services and technology free of Indian regulations
• AICTE will take lead in improving urban planning courses
• One class, one TV channel' program of PM eVIDYA will be expanded from 12 to 200 TV channels. This will enable all states to provide supplementary education in regional languages for classes 1 to 12
• 5 academic institutions on urban planning to be made centers of excellence. The institutions will get an endowment of Rs 250 crore each
• A digital university will be established to provide access to students across the country for world-class quality universal education with a personalized learning experience at their doorstep. This will be made available in different Indian languages and ICT formats. The university will be built on a network hub and spoke model
• High-quality e-content in all spoken languages will be developed for delivery via the internet, mobile phones, tv, and through radio and digital teachers. The competitive mechanism for the development of quality e-content by the teachers will be set up to empower and equip them with digital tools of teaching and facilitate better learning outcomes
• Agricultural universities will revise syllabi to meet the needs of modern-day farming
• Skilling programs will be reoriented, and ITIs will start courses on skilling. The Digital DESH e-portal will be launched for skilling, upskilling & reskilling of the youth 
• ICAI CA Result May 2024
• karresults-nic-in 2024 SSLC Results
• Karnataka SSLC Supplementary Results 2024
• TNEA Rank List 2024
• AP EAMCET 2024 Counselling
• NEET MDS 2024 Counselling
• JKCET Counselling 2024
• JNU PG Admission 2024
• AIMA UGAT Admit Card 2024
• Jagran Josh 12th Result 2024 RBSE
• West Bengal Board
• Manipur Board
• Odisha Board
• Maharashtra Board
• Rajasthan Board
• Jharkhand Board
• Uttarakhand Board

SSC GD Result 2024 OUT: एसएससी जीडी का रिजल्ट घोषित, यहाँ देखें पीडीएफ

World Population Day 2024: School Board Decoration Ideas For Students!

Spot the 4 Differences Between Bird Photography Pictures in 42 Seconds

World Population Day Speech In English 2024: Short And Long Speech Ideas For School Students!

ICAI CA Final, Inter Result 2024 LIVE: ICAI May Session Results at 11 AM on icai.nic.in, Check Pass Percentage, Rank and Marks Here

ASPS CDO Admit Card 2024 Release Date Out at apsc.nic.in: Check Skill Test Schedule

VBSPU Result 2024 OUT at vbspu.ac.in, Direct Link to Download UG and PG Marksheet

CBSE Class 12 Compartment Exam 2024: Students Check Eligibility Criteria, Exam Schedule, List Of Subjects And Fee Structure

SSC GD Physical Test 2024: PET/PST Date, Requirements for Males & Females

World Population Day 2024: Best Drawing, Painting Ideas For Students

SSC GD Cut Off 2024 Released at ssc.gov.in, State-wise Cut Off Marks for OBC/SC/ST/Gen/PwD

[रिजल्ट लिंक] ssc.gov.in पर जारी हुआ SSC GD Result 2024, यहाँ से डाउनलोड करें PDF और Cut-Off

Top 5 Word of the Day for Morning Assembly 11 July, 2024

Slogans on World Population Day In English and Hindi

WBCHSE Class 11 Philosophy Syllabus 2024-25: Download FREE PDF

[LIVE] BSTC Result 2024 Rajasthan: नया अपडेट! इस तारीख जारी होगा राजस्थान बीएसटीसी प्री डीएलएड रिजल्ट, predeledraj2024.in पर मिलेगा Scorecard

SSC GD Result 2024 Declared: इस Direct Link से डाउनलोड करें एसएससी जीडी कांस्टेबल भर्ती परीक्षा का रिजल्ट, देखें मेरिट लिस्ट, कट ऑफ PDF

SSC GD Constable Cut Off 2024 Out: यहां देखें पुरुष और महिला उम्मीदवारों के लिए स्टेट वाइज कट ऑफ मार्क्स

WB ANM GNM Admit Card 2024 Out at wbjeeb.nic.in: Direct Link to Hall Ticket, Check Exam Schedule

CG B.Sc Nursing Admit Card 2024 Out at vyapam.cgstate.gov.in: Direct Link to Hall Ticket, Check Exam Date

Don't miss tomorrow's K-12 industry news

Let K-12 Dive's free newsletter keep you informed, straight from your inbox.

• Daily Dive M-F
• Curriculum Weekly Every Wednesday

These 4 charts explain federal fiscal 2023 K-12 spending

Though some of the Biden administration’s ambitious requests weren’t met, Congress still raised budgets across a number of programs.

When the final round of COVID-19 pandemic aid was passed, many had one question in mind: What would happen when the funding dried up? 

At the time, U.S. Secretary of Education Miguel Cardona advocated for a "sustained effort" even after the American Rescue Plan's Elementary and Secondary Emergency Relief Fund expired. Following that call, the Biden administration did, in fact, make ambitious requests in its Education Department budget proposals.  The latest request to increase funding for K-12 received its answer in late December, when Congress passed appropriations for fiscal year 2023. Here are 4 charts to understand how Congress responded to the administration's asks to bump K-12 funding in various areas.

Education Department receives funding increase  

Overall, the U.S. Department of Education received a $3.2 billion increase in funding to a total of $79.6 billion for fiscal year 2023, following a similar increase the year prior. While the total still falls short of the $88.3 billion originally requested by the administration, the increase was welcomed by the department. 

"T he bipartisan funding package reflects the Biden-Harris Administration’s commitment to increasing equity in educational opportunities and outcomes for our students," Cardona said in a statement when the increase was signed by President Joe Biden.

Funding for major programs increases throughout pandemic

Major programs schools depended on during the pandemic expanded as part of that increase. Education for Homeless Children and Youth, which districts increasingly relied on to serve districts' homeless students, received the largest bump in funding seen in recent years. 

“This increase is certainly movement in the right direction," said Barbara Duffield, executive director of SchoolHouse Connection, which advocates for homeless students and supporting programs. " In the wake of the pandemic and lingering economic impacts, family and youth homelessness shows no sign of abating." While the increase to $129 million is nowhere near the $800 million provided under ARP , it's still greater than the president's request for $110 million.  Early childhood, rural education, and Title I grants also increased by almost or about 20% when compared to the start of the pandemic, while special education's IDEA Part B received a more modest increase of 11%.    

Additional programs receive attention

Programs that seek to address problem areas within K-12 education such as teacher shortages and socioeconomic inequities among students also received increases. 

In the wake of COVID-19, which required schools to focus on wraparound needs, for example, community schools were expected to receive more attention and even saw support from states . The fiscal 2023 package doubles funding for full service community schools from $75 million to $150 million. 

The Biden administration also sought to address other problem areas like special education staff shortages through the $250 million it requested for special education personnel preparation. Congress ultimately provided a funding increase of 21% to $115 million. 

And where many educators hoped to sustain universal meals that bridged inequities during the pandemic, the final package instead bumped funding for child nutritional programs by a modest 6%.

Office for Civil Rights receives slight budget bump after record year of complaints

COVID-19 masking policies and more recent policies regulating LGBTQ and race-related discussions have spurred questions of how the Education Department will respond to increasing division in the education community and enforce civil rights protections.

These questions have resurfaced an interest in the Office for Civil Rights, which received a record number of discrimination complaints in the last fiscal year, between October 2021 and September 2022.

For the next fiscal year, OCR received a smaller increase than the administration requested, totaling $140 million rather than the $161.3 million Biden sought.

In a statement on the passed budget, the department said it looks "forward to raising the bar on this progress" made in FY 2023 and hopes to " continue to deliver on the Biden-Harris Administration’s firm commitment to investing in education."

Recommended Reading

• Biden proposes 15.6% increase for education spending in FY23 By Kara Arundel • Updated March 29, 2022
• K-12 federal funding sees 5.6% increase for FY 2023 By Kara Arundel • Jan. 4, 2023

K-12 Dive news delivered to your inbox

Get the free daily newsletter read by industry experts

• Select Newsletter: Daily Dive M-F
• Select Newsletter: Curriculum Weekly Every Wednesday
• Select user consent: By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy . You can unsubscribe at anytime.

Editors' picks

Another record high: Counting school shootings in 2023

Varying — and in some cases lacking — definitions and data make the issue hard to track, as experts continue to pursue solutions for both prevention and recovery.

Star-Spangled Bans: The cost of censoring America’s schools

The rapid spread of classroom censorship policies has left educators feeling targeted and students without resources.

Company Announcements

• 26 states now require personal finance course for graduation By Naaz Modan
• Virginia to curb student cellphone use in schools By Kara Arundel
• Cyberattack potentially exposes student, staff data in Alabama By Anna Merod
• Even as it takes effect, DOL’s overtime rule could still face courts’ wrath By Ryan Golden

• Latest News

• Entertainment
• Real Estate
• CA Result 2024 Live
• Neet Hearing Live
• India vs Zimbabwe
• Budget 2024
• The Interview
• Web Stories
• Virat Kohli
• Mumbai News
• Bengaluru News
• Daily Digest
• Election Schedule 2024

Budget 2023: Education gets highest ever allocation to overcome learning losses

The union budget 2023 presented by finance minister nirmala sitharaman on wednesday set aside ₹1.12 lakh crore for education – the highest ever and an increase of around 8.2% than what was pegged in 2022-23..

The Union government will re-envision teachers’ training and develop institutes of excellence at district levels, and set up a national digital library to make available quality books across subjects to children and youngsters to help them overcome the learning losses suffered during the Covid-19 pandemic.

The Union Budget presented by finance minister Nirmala Sitharaman on Wednesday set aside ₹ 1.12 lakh crore for education — the highest ever and an increase of around 8.2% than what was pegged in 2022-23.

While the 2022-23 Budget estimate allocated ₹ 1,04,277.72 crore for the sector, the revised estimate curtailed it to ₹ 99,881.13 crore. This year’s allocation is a 13% increase from the revised estimate.

Union education minister Dharmendra Pradhan lauded the Budget as inclusive, people-centric and growth-stimulating, and said the ministry was given the highest-ever allocation.

“By giving a boost to education, skill development, entrepreneurship, research and development, digital infrastructure, green growth and job creation, the Budget draws a meticulous blueprint for India at 100 and lays a solid foundation for transforming India into a technology-driven knowledge-based economy,” he said.

In her Budget speech, Sitharaman said: “The national digital library for children and adolescents will be set up for facilitating (the) availability of quality books across geographies, languages, genres, and levels.” The library, she added, will be device agnostic and accessible.

The Covid-19 pandemic, which hit the country in 2020, wreaked havoc on basic education due to closure of schools. According to the Annual Status of Education Report released on Wednesday, the basic reading ability of children dropped to pre-2012 levels. This was visible in most states and across genders.

The government had announced the setting up of a national digital university in its last Budget. The university is likely to start operations in June-July this year.

Sitharaman said states will also be urged to set up physical libraries at panchayat levels to provide infrastructure for accessing the national digital library resources.

She said the National Book Trust, the Children’s Book Trust, and other sources will be encouraged to provide books and other study materials in English and regional languages to these physical libraries to build a culture of reading.

The physical libraries will make up for the learning loss due to the pandemic, Sitharaman said. “Collaborations with NGOs that work in the field of literacy will be encouraged to inculcate financial literacy. Financial sector regulators and organisations will be encouraged to provide age-appropriate reading material to these libraries,” she said.

The finance minister said the teachers’ training will be re-envisioned through innovative pedagogy, curriculum transaction, continuous professional development, etc. “The district institutes of education and training will be developed as vibrant institutes of excellence for this purpose,” she said.

Sitharaman also announced the setting up of 100 laboratories in engineering institutes for developing applications using 5G services. “To realise the new range of opportunities, business models and employment potential, the labs will cover, among others, applications such as smart classrooms, precision farming, intelligent transport systems and healthcare application,” she said.

Of the total outlay, ₹ 68,804.85 crore has been allocated for schools and ₹ 44,094.62 crore for higher education.

While the school Budget has witnessed an increase of 8%, from ₹ 63,449 crore (Budget estimate) in 2022-23, the allocation for higher education increased by 7.9%, from ₹ 40,828 crore (Budget estimate) in 2022-23.

The revised allocation for the school and higher education departments was kept at ₹ 59,052.78 crore and ₹ 40,828.35, respectively, in 2022-23.

The outlay for Samagra Shiksha Abhiyan, the central government’s flagship programme for universal education, remained almost the same as last year ( ₹ 37,453.46 crore). The midday meal scheme, renamed as PM Poshan, saw an increase in allocation — from ₹ 10,233 crore in 2022-23 to ₹ 11,600 crore in 2023-24. However, the allocation for the scheme was increased to ₹ 12,800 in the revised Budget.

The Budget has also set aside ₹ 4,000 crore for the government’s Pradhan Mantri Schools For Rising India (PM-SHRI) scheme, under which over 14,500 schools across the country will be upgraded as exemplary schools.

In higher education, the allocation of grants to central universities has risen to ₹ 11,528.90 crore from the revised estimate of ₹ 11,034.32 crore last year. While the monetary support to Indian Institutes of Technology (IITs) has increased by ₹ 316.5 crore, it has decreased in case of Indian Institutes of Managements (IIMs) by around ₹ 300 crore in comparison to last year.

The outlay for research and innovation has been pegged at ₹ 210.61 in 2023-24 in comparison to ₹ 218.66 crore in 2022-23. The revised allocation decreased to ₹ 185.24 crore in 2021-22.

The Budget document does not mention the allocation for Higher Education Funding Agency (HEFA). HEFA offers 10-year loans to higher education institutions for infrastructure development. The Budget for the agency was drastically trimmed to ₹ 1 lakh in 2022-23 from ₹ 1 crore in 2021-22.

University Grants Commission chairperson M Jagadesh Kumar said the increase in higher education budget will help in overcoming the learning losses during the Covid-19 pandemic and inject more digital technology for more access and equity.

“Increased fund allocation will accelerate the implementation of NEP 2020, bringing further dividends to the students to make them employable and strengthen our efforts in making India a knowledge-based economy,” he said.

Educationists welcomed the initiatives announced in the Budget.

Jyoti Arora, principal of Delh’s Mount Abu Public School, said the Budget perhaps mentioned teachers’ training, capacity-building programmes and a culture of reading for the first time.

“As an educationist, it is highly encouraging to see the Budget’s focus. The establishment of district training centres for educators will revolutionise both public and private school education across India,” Arora said.

Arora also said that the setting up of the national digital library and physical libraries at the ward and panchayat levels is like a dream come true. “The National Book Trust has been entrusted with developing a reading culture by publishing content in several regional languages. This Budget will ensure the implementation of the National Education Policy, 2020, at the micro level. At the same time, we expected some measures to support nation-building private school education.”

Dhuwarakha Sriram, chief of YuWaah (Unicef), said: “The government’s recognition of the post-pandemic learning loss is a welcome move. The digital and physical infrastructure, particularly for the most marginalised young people in the hinterland, will help build higher student engagement and interest and make learning an easy process.”

Catch every big hit, every wicket with Crickit, a one stop destination for Live Scores, Match Stats, Infographics & much more. Explore now!

Get Current Updates on India News , Budget 2024 , Weather Today along with Latest News and Top Headlines from India and around the world.

• Terms of use
• Privacy policy
• Weather Today
• HT Newsletters
• Subscription
• Print Ad Rates
• Code of Ethics

• Live Cricket Score
• Cricket Teams
• Cricket Players
• ICC Rankings
• Cricket Schedule
• Other Cities
• Income Tax Calculator
• Petrol Prices
• Diesel Prices
• Silver Rate
• Relationships
• Art and Culture
• Taylor Swift: A Primer
• Telugu Cinema
• Tamil Cinema
• Board Exams
• Exam Results
• Admission News
• Employment News
• Competitive Exams
• BBA Colleges
• Engineering Colleges
• Medical Colleges
• BCA Colleges
• Medical Exams
• Engineering Exams
• Love Horoscope
• Annual Horoscope
• Festival Calendar
• Compatibility Calculator
• Career Horoscope
• Manifestation
• The Economist Articles
• Lok Sabha States
• Lok Sabha Parties
• Lok Sabha Candidates
• Explainer Video
• On The Record
• Vikram Chandra Daily Wrap
• Entertainment Photos
• Lifestyle Photos
• News Photos
• EPL 2023-24
• ISL 2023-24
• Asian Games 2023
• Public Health
• Economic Policy
• International Affairs
• Climate Change
• Gender Equality
• future tech
• Daily Sudoku
• Daily Crossword
• Daily Word Jumble
• HT Friday Finance
• Explore Hindustan Times
• Privacy Policy
• Terms of Use
• Subscription - Terms of Use

Biden’s Budget Proposes Smaller Bump to Education Spending

• Share article

President Joe Biden hopes to secure more money for high-need schools and students with disabilities, and to make free preschool universally available to 4-year-olds in the next fiscal year.

Biden released his proposed 2025 budget on March 11, requesting $82 billion for the U.S. Department of Education.

The budget announcement came days after Biden’s State of the Union address, in which he called for teacher pay raises and expanded access to preschool, tutoring, summer learning, and career and technical education.

The budget document puts many of those priorities on paper. Though there’s virtually no chance it will take effect as proposed, with Republicans controlling one chamber of Congress and proposing domestic spending cuts, Biden’s budget signals his priorities as he seeks reelection in November.

The budget proposes an increase of $3.9 billion over the 2023 budget for the Education Department, and a $2.8 billion bump above projected spending for 2024, for which Congress hasn’t passed a final budget.

In past years, Biden’s budget proposals have included requests for much larger increases in education funding than this year’s request. The 2024 proposal requested a $10.8 billion increase in education funding over 2023 levels, and the 2023 proposal requested a $15.3 billion increase .

The smaller increase proposed this year is the result of the 2023 Fiscal Responsibility Act, a law that allowed Congress to avoid a government shutdown last spring by suspending the debt ceiling through fiscal years 2024 and 2025. The law imposed a cap of nearly $711 billion in nondefense spending for fiscal year 2025, which starts Oct. 1, 2024.

In a news conference with reporters Monday, Education Secretary Miguel Cardona said the proposed budget falls within those caps and emphasized that people should view this year’s proposal in context. Last year, Republicans in the U.S. House of Representatives proposed a budget that would have cut funding for Title I schools by 80 percent, and former President Donald Trump proposed reductions to education spending each year of his term.

“Despite the cap of the Fiscal Responsibility Act this year, this budget still matches the best budget of the Obama years while building on the best budget of this administration, and it blows the Trump budgets out of the water,” Cardona said. “There’s a big difference between raising the bar from the ground and raising the bar from the rooftop.”

A proposed boost for high-need students and schools

The federal government spends far less on public education than state and local governments, but it’s a key funding source particularly for schools in low-income communities and for special education.

As in past years, the budget proposal requests more money for the Title I program, which provides funding for academic programs in schools in low-income communities. The budget proposes $18.6 billion for the program, a $200 million increase over 2023.

If enacted, it would bring the administration’s total increases to Title I funding since 2021 to $2.1 billion. Biden had proposed tripling Title I funding to more than $45 billion while running for president, a proposal he hasn’t come close to achieving.

The administration hopes to further support high-need schools with a proposal for $8 billion in funding to states to provide academic acceleration and achievement grants to schools. Schools would use the grants to support efforts to increase attendance, provide high-quality tutoring and student support, and expand learning time, according to the budget proposal.

In addition, the budget proposes a $12 billion Reducing the Costs of College Fund, the majority of which, $7 billion, would fund grants to state education departments to expand high school students’ access to free dual-enrollment courses that provide both high school and college course credit. The remaining $5 billion would fund grants to colleges and universities to help lower the costs of college and develop evidence-based strategies to improve college graduation rates.

The budget proposal also includes $14.4 billion for the Individuals with Disabilities in Education Act state grants, a $200 million increase over the 2023 enacted level. The proposal includes $125 million in grants to cover the costs of special education and early intervention personnel in schools, which have been among the most difficult roles for districts to fill. The personnel grant proposal represents a $10 million increase over the 2023 budget.

Even with an increase in spending under IDEA, the budget would continue to fall short of meeting Congress’s promise to cover 40 percent of the excess cost of educating children in special education when it passed IDEA in the 1970s. The federal government has never met that promise.

The president also proposed a $50 million increase to the department’s Full-Service Community Schools grant program, bringing the total to $200 million. The program provides funds to support schools that offer wraparound services to students and families, such as medical and dental care, financial literacy classes, housing help, and more.

The budget proposes $5 billion in 2025—and $200 billion over the next decade—to make free preschool universally accessible for 4-year-olds through a state-federal partnership. Parents would be able to choose the setting. Biden’s budget in past years included a similar proposal, which would also give states the option of expanding preschool to 3-year-olds once it’s available to all 4-year-olds.

The budget also includes a $544 million increase in funding for Head Start to pay for teacher pay increases. A new rule proposed by the Biden administration seeks to raise the pay of Head Start teachers in the coming years, bringing it closer to K-12 teacher salaries. The program, which serves low-income children, is experiencing its highest teacher turnover in two decades, limiting how many children it can serve.

Other priorities in the budget proposal include:

• $1.5 billion for the Perkins career and technical education program, a $40 million increase over 2023 spending.
• $216 million for school mental health programs to increase the number of school-based counselors, psychologists, social workers, and other mental health professionals in K-12 schools.
• $215 million for teacher-preparation grants, including $90 million for the Supporting Effective Educator Development grant, a competitive professional-development program; $95 million for the Teacher Quality Partnership program, which supports colleges of education; and $30 million for the Hawkins Centers of Excellence program, which supports teacher education at Historically Black Colleges and Universities and other minority-serving institutions.
• $173 million for the Teacher and School Leader Incentive Fund to support recruitment and retention of educators.
• $940 million to support multilingual learners through the Title III English Language Acquisition program, which is an increase of $50 million from 2023.
• $72 million to help schools hire bilingual teachers and craft professional development on multilingual education.
• $15 billion over 10 years to allow more states and schools to participate in the Community Eligibility Provision, the U.S. Department of Agriculture’s program that allows low-income schools to provide free meals to all students.

Budget receives praise from teachers’ unions, rebuke from congressional Republicans

Predictably, Biden’s budget proposal earned praise from teachers’ union leaders and criticism from Republicans in Congress.

Randi Weingarten, president of the American Federation of Teachers, said in a statement Monday that the president’s budget would give students access to public schools “where they can grow into their full brilliance.”

“President Joe Biden’s budget shows that he values the voice of parents and educators and that his vision for this country is one where all students—Black and white, Native and newcomer, Latino and [Asian American and Pacific Islander]—are always a top priority,” Weingarten said.

Rep. Virginia Foxx, chairwoman of the House’s Education and the Workforce Committee, said in a statement that the president’s budget “will make the nation keel over from shouldering more unsustainable and irresponsible debt.”

Specifically, the North Carolina Republican took issue with Biden’s higher education proposals, including a proposal to create free community college options and increase Pell Grant amounts, and his expansion of the Community Eligibility Provision.

Sign Up for EdWeek Update

Edweek top school jobs.

Sign Up & Sign In

• भारत सरकार Government of India
• शिक्षा मंत्रालय Ministry of Education
• Skip to navigation

Ministry of Education, GoI

Budget Estimates 2023-24

This site is designed, developed, hosted and maintained by National Informatics Centre (NIC), Ministry of Electronics & Information Technology, Government of India.

Follow us on:

Supports:    Firefox 2.0+    Google Chrome 6.0+    Internet Explorer 8.0+    Safari 4.0+

Content owned & provided by Department of School Education & Literacy, Ministry of Education, Government of India

• Total Visitors: 11132274

• Fortune 500 India
• 40 Under 40
• Most Powerful Women
• Budget 2024
• India's Richest
• The Next 500
• Best B-Schools
• All Rankings
• Fortune India Exchange
• Infographics
• Buy on Amazon
• Annual Subscription

Top Stories

SAT to Religare: Comply with SEBI order, apply for open offer by Burmans

GeM tech partner creates govt platform for global markets

SBI raises ₹10,000 cr via infra bonds; here’s how stock reacted

RBI allows resident Indians to open foreign currency accounts in GIFT City

Bharat Biotech readying Tuberculosis, Cholera vaccines

Budget 2023, budget 2023: highest-ever allocation to education, while the department of school education will receive ₹68,804 crore, the department of higher education has been allocated ₹44,094 crore..

The education budget was allocated $1.12 lakh crore, which is the highest-ever as opposed to last year's ₹1.04 lakh crore. While the Department of School Education will receive ₹68,804 crore, the Department of Higher Education has been allocated ₹44,094 crore.

Follow us on Facebook , X , YouTube , Instagram  and WhatsApp to never miss an update from Fortune India. To buy a copy, visit Amazon .

Share the article

Leave a Comment

Your email address will not be published. Required field are marked*

More From People

Jet Airways’ founder Naresh Goyal can’t leave India

While Delhi High Court refused Goyal permission to fly abroad, it asked him to deposit ₹18,000 crore as guarantee if he wished to travel. Meanwhile, Vijay Mallya’s extradition suffers a setback.

New scam at PNB will delay return to profits

A ₹3,800 crore fraud will demand more provisioning in the current year, and PNB may require further capital from the government if it needs to grow its business.

Solving for the past, rooted in the present, vaulting to the future

India’s responses to competition have to be flexible, and within the framework of an ongoing conversation between the govt and all stakeholders. This Budget was a great start in that process.

The Karma Group: An inspiring journey of success

E-Paper | July 11, 2024

Budget 2023-24: govt makes substantial allocations in its last year.

Supreme Court

The Supreme Court of Pakistan will get a total of Rs3.55 billion in the fiscal year 2023-24 compared to Rs3 billion in the outgoing year, registering an increase of 16 per cent.

But the allocations for the Election Commission of Pakistan (ECP) have been fixed at Rs7.78 billion though it spent a hefty amount of Rs27 billion in the current financial year.

The budget documents also showed that the Islamabad High Court had been allocated Rs1.5 billion compared to Rs1 billion in the fiscal year 2022-23.

The budgetary allocation for the Supreme Court was initially fixed at Rs3.09 billion last year but the top court could spend only Rs3.054 billion, saving an amount of Rs36.9 million.

With 2023 likely to be the election year, Finance Minister Ishaq Dar has insisted that the budget for the fiscal year 2023-24 should not be considered as an ‘election budget’. A number of heads that had been introduced last year have received allocations this time too. Among them are the Rawal Lake water treatment plant, ongoing projects in Islamabad and metro bus. The Higher Education Commission, on the other hand, saw a substantial increase in its budget, whereas the climate change division got a paltry amount considering the ongoing weather crisis.

Of the budgetary estimate of Rs3.55 billion for the year 2023-24, the major junk will go for the employees related expenses which stand at Rs2.8 billion.

Likewise, Rs1.27 billion will be spent on the employees related expenses of the Islamabad High Court.

Scientific research

The federal government allocated Rs8 billion for scientific research in the Public Sector Development Programme (PSDP) 2023-24.

According to budgetary documents issued on Friday, Rs5.5 billion was earmarked for 31 ongoing schemes of the Ministry of Science and Technology, while another Rs2.5 billion was allocated for six new schemes. About Rs290.8 million has been earmarked for establishment of facilities for industrial production of nano-materials in Latif Ebrahim Jamal Nanotechnology Centre (Knowledge Economy Initiative), Rs200 million each for Research, Development and Innovation Programme in Pakistan Council for Scientific and Industrial Research (PCSIR) and another Rs190 million for Competitive Research Programme. Rs600 million has been set aside for seed production.

A total of Rs400 million has been earmarked for Research, Development and Technology Transfer of Selected Active Pharmaceutical Ingredients for Import Substitution (PCSIR), Rs300 million for establishment of Mineral Resource Centre in Balochistan for Product Design, Development and Value Addition to Enhance Export and Rs200 million for establishment of Khuzdar Science and Technology Block in Quetta.

Rural areas uplift

The federal government has allocated Rs2.2 billion for the ongoing Islamabad Development Package for fiscal year 2023-24, focusing on development of rural areas of Islamabad.

According to the budgetary document, Rs2200 million has been earmarked for an ongoing scheme namely Islamabad Development Package. Under this project, development work will be carried out in various rural union councils of Islamabad.

The development projects include sanitation and road projects, street pavement, rehabilitation of roads, water supply schemes and so on.

The total cost of the project is Rs9.4 billion and out of the total, Rs4,856 million is estimated expenditure up to June 30 this year.

It is relevant to note here, besides, this ongoing development package, the federal government through Capital Development Authority (CDA) has already decided to launch development work in rural areas worth Rs10 billion.

In the first phase, the CDA will award works worth over Rs2.5 billion and recently tenders have also been opened in this regard. According to CDA officials, contractors will be issued orders soon.

For fiscal year 2023-24, the federal government has allocated Rs255 million for the Rawal Lake water treatment project.

According to a budgetary document, total cost of the project titled Korang River and Rawal Lake water treatment plant is now Rs6 billion. In last year’s budget, the total cost of the project was set at Rs3.9 billion.

Under the said project, the Capital Development Authority (CDA) is supposed to install three sewage treatment plants (STPs) in Rawal dam’s catchment area to stop the flow of contaminated water into the reservoir.

Plants are to be built in lower Shahdara, Bari Imam and near Banigala.

It may be pointed out here that whenever this project is started, it would require 14 months to complete and will treat 9.6 million gallons of water daily.

Earlier, in 2021, the CDA had called bids, which were opened in July last year, but the contract could not be awarded within the stipulated time due to technical reasons.

The budget of Higher Education Commission (HEC) saw a significant increase as for fiscal year 2023-24, the government has allocated Rs136 billion for development and non development expenditure of the higher education sector against the outgoing fiscal year budget of Rs110 billion.

For financial year 2023-24, the government has earmarked Rs59.7 billion for 138 ongoing and 28 new development schemes. Furthermore, Rs10 billion has been allocated for the Prime Minister’s Laptop scheme.

Whereas, Rs66.3 billion has been allocated for non development budget (recurring grant for salaries, pensions etc,) for HEC.

According to documents, for upcoming financial year, Rs69 million has been allocated for 28 new development schemes.

In new schemes, major allocations of Rs1,200 million has been made for strengthening lab facilities in five leading engineering universities of the country whereas Rs500 million has been allocated for provision of higher education facilities for students of erstwhile Federally Administered Tribal Areas and Balochistan.

Similarly, Rs500 million has been allocated for establishment of a sports institute.

The federal government has allocated Rs29 million in budget 2023-24 for conducting feasibility study to start new metro bus routes from Bhara Kahu to Faizabad and Faizabad to Rawat.

Currently, Metro bus service runs from Bhara Kahu to Pims and from Koral to Pims under temporary arrangements in normal traffic. However, government wants to start proper metro bus service on above-mentioned routes with dedicated corridors.

For this purpose, a project worth Rs278 million has been finalised for feasibility and for financial year 2023-24, Rs29 million has been earmarked for Capital Development Authority through the interior ministry in new schemes category.

According to CDA, after feasibility study it will construct proper and designated corridors for metro bus service on the two routes like Rawalpindi-Islamabad Metro Bus Service.

Currently, the CDA is operating a 10 buses fleet for each route in normal traffic from Bhara Kahu to Pims and from Koral to Pims.

Meanwhile, in ongoing projects, the government has allocated Rs268 million for metro bus operation management system (phase-II) for new Islamabad International Airport.

Climate change

The government has allocated Rs4.05 billion for three ongoing projects and only one new scheme of the Ministry of Climate Change Division.

According to the budgetary documents, the government allocated Rs100 million for Pakistan’s biosafety clearing house for genetically modified organisms (GMO).

However, a little over Rs3.9 billion were set aside for the upscaling of Green Pakistan Programme and Rs26 million for capacity building on water quality monitoring and Sustainable Development Goal (SGDs). For its ‘Climate Resilient Urban Human Settlements’ project, the government earmarked another Rs20 million.

In his budget speech in parliament, Finance Minister Senator Ishaq Dar said the government had approved the implementation of policy frameworks, including Resilient, Recovery, Rehabilitation and Reconstruction Framework (4RFs) and Environment, Exports, E-Pakistan, Equity and Empowerment (5Es) to ensure the country’s resilience and preparedness against natural calamities.

The minister said the implementation of the policies was made in order to mitigate the impacts of climate change and natural disasters given under the country’s 4RFs framework, including on climate change, energy, infrastructure, and 5Es.

10th Avenue, Sihala flyover projects

A meagre amount has been allocated for the ongoing 10th Avenue and Sihala flyover projects in the Public Sector Development Programme (PSDP).

According to budgetary documents, Rs400 million have been earmarked for 10th Avenue, a project worth Rs12 billion. For the Sihala flyover, Rs405 million have been set aside. This project needs Rs9.5 billion for completion.

Both the projects were started last year. Currently, 10th Avenue project is stalled because of the funding issue. However, recently, the Ministry of Interior assured the CDA that it will be provided Rs1.4 billion before the end of the outgoing fiscal year.

Published in Dawn, June 10th, 2023

Sherry calls for coordinated strategy to meet climate challenges

700 CCTV cameras installed to monitor processions in Rawalpindi: DC

Salam Air’s first flight arrives in Islamabad

Taj Residencia: Redefining luxury living in Pakistan

بچے مسیحیت اختیار کریں ایسا ہو ہی نہیں سکتا، حسن احمد

گوتھک طرزِ تعمیر کے شاہکار، کیتھڈرل میں گزرتے بشپ فریڈرک جان کے شب و روز

اگر اسٹیبلشمنٹ کو پاکستان بچانا ہے تو شفاف الیکشن کی طرف جانا ہوگا، عمران خان

Top News Stories: Afghan Refugees Stay In Pakistan; World Leaders In NATO Summit

Details Regarding Explosion On Ukraine

French Election Results: No Majority; What’s Next?

“Gaza Toll Could Exceed 186,000”

Top News Stories: Arshad Sharif Killing by Police ‘Unlawful’: Kenya High Court

Record-Breaking Heatwave Predicted In United States

Israel Invoked Hannibal Directive On Oct 7

Left Wins France

Dear visitor, the comments section is undergoing an overhaul and will return soon.

Latest Stories

Justice Aalia Neelum approved as LHC’s first female top judge

CM Maryam takes notice of alleged domestic violence case involving anchor Ayesha Jahanzeb

‘This is about age’: Close ally George Clooney says Biden must exit US presidential race

England ready to grasp shot at ‘history’ in Euro semi-final against the Dutch

2 soldiers, 2 police officers martyred in intelligence-based operation in Peshawar’s Hassan Khel: ISPR

China says India has no right to develop contested border region

Review: Do Me A Flavour knows how to do burgers

K-pop star Jennie of BLACKPINK under fire for vaping indoors

Coke Studio 15 was a good-looking disappointment

Most popular.

5 security personnel martyred in KP

Remittances rise 11pc to reach $30.3bn

President Zardari ‘apprehensive’ of agricultural tax

4 Pakistan Army personnel martyred in gun battles with terrorists in KP’s Waziristan districts: ISPR

Govt formally authorises ISI to ‘trace, intercept’ calls and messages in ‘interest of national security’

Policed state

Cartoon: 10 July, 2024

Lahore ATC dismisses Imran’s pre-arrest bail petitions in three May 9 cases

India races to build power plants in region claimed by China

Editorial: Suppressing a restless public and blocking dissent will only create more frustrations

Veteran hunter turns protector for Pakistan’s rare markhor

There seems to be no cessation of the harassment of judges by the establishment

How audio leaks led to ‘permission to intercept’

On human suffering

Targeting upright judges

France unbowed?

Green shields

Conversations

In critical condition

Arshad sharif judgement.

Supplementary grants

Suspicious revisions, glof threats, arshad nadeem ‘pleased’ with fourth place finish at paris diamond league.

Federal Ag Spending Bills to be Considered this Week

• July 9, 2024

Ryan Hanrahan

Politico’s Meredith Lee Hill and Grace Yarrow reported Monday that “amid election controversy and campaign buzz, appropriations leaders will convene this week to start to hammer out key spending plans. The coming weeks are a critical time for lawmakers to push funding bills ahead of August’s recess. The Senate Appropriations Ag-FDA subcommittee will mark up its fiscal 2025 spending bill on Thursday.”

Lee Hill reported in a different article that “ Senate appropriators are set to unveil their fiscal 2025 Ag-FDA spending bill in the coming days , ahead of what’s expected to be another bruising federal spending clash with House Republicans.”

“Democrats have already expressed staunch opposition to the House GOP’s agriculture spending bill, which includes spending cuts and a controversial pilot program to test restrictions on the types of foods recipients can buy with their Supplemental Nutrition Assistance Program benefits,” Lee Hill reported. “The House Appropriations Committee is set to vote on that bill July 10.”

In the Senate

Politico’s Caitlin Emma reported last week that the Senate will start this week “with three fiscal 2025 measures and overall funding totals for a dozen appropriations bills. Bypassing subcommittee markups, the full Senate Appropriations Committee will take up its Legislative Branch, Military Construction-VA and Agriculture-FDA spending bills on July 11, in addition to a dozen subcommittee allocations known as the 302(b)s.”

“Like last year, Senate Democrats and Republicans have not reached an agreement on overall funding levels for 12 appropriations bills, and the numbers will likely pass the committee along party lines,” Emma reported. “The spending bills that flow from those totals, however, are expected to pass the committee with bipartisan support.”

In the House

Emma reported  that “six bills — including the Commerce-Justice-Science, Interior-Environment, Energy-Water, Labor-HHS-Education, Transportation-HUD and Agriculture-FDA measures — are headed for full committee markups (this) week, while GOP leaders in the lower chamber aim to pass their Legislative Branch funding measure on the floor.”

The House’s Ag-FDA spending bill was approved last month by a party-line vote of the Agriculture Appropriations Subcommittee. Subcommittee Chair Andy Harris said at the time that the “$25.9 billion measure would rein in wasteful spending on Biden administration priorities while maintaining core programs across the Department of Agriculture,” E&E News’ Marc Heller reported . “‘We’re not appropriating ‘Monopoly’ money,’ Harris said at Tuesday’s markup, where the measure passed on a voice vote. There were no amendments, leaving that possibility for the full (Appropriations) committee.”

Bloomberg Law’s Skye Witley, Alex Ruoff and Nyah Phengsitthy reported in mid-June that “ the Agriculture-FDA funding proposal published Monday would allocate $25.9 billion in discretionary spending in fiscal 2025, $355 million less than the $26.2 billion allocated in the current year , according to a GOP summary of the measure.”

“Harris’ bill would cut the climate hubs program at the USDA, reduce certain agricultural research and fund the Rural Energy for America Program — which helps farmers install more efficient energy systems — at 90 percent below the Biden administration’s budget request,” Heller reported. “Like last year’s failed proposal, the bill approved Tuesday would eliminate urban agriculture programs and also cut off the USDA’s moves on diversity, equity and inclusion.”

“The Natural Resources Conservation Service, which runs many conservation and climate-oriented programs, would see an $11.9 million cut, to a total of $903 million,” Heller reported. “Harris proposed an increase for meat and poultry inspections at the Food Safety and Inspection Service.”

Hoosier Ag Today’s Eric Pfeiffer reported  that “the GOP bill would boost both SNAP and WIC, but only to account for inflation and allow states into a SNAP voluntary pilot to restrict unhealthy food choices. And the bill rejects any new program funding, taking aim at the bureaucracy as Harris did for FY 2024.”

“The FY 2025 proposal boosts funding for … meat and poultry inspectors, emerging pest control, and the ReConnect broadband program,” Pfeiffer reported. “It also improves tracking of foreign ownership of U.S. farmland and directs NASS to reinstate its July cattle and county crop reports.”

Ryan Hanrahan is the Farm Policy News editor and social media director for the farmdoc project. He has previously worked in local news, primarily as an agriculture journalist in the American West. He is a graduate of the University of Missouri (B.S. Science & Agricultural Journalism). He can be reached at [email protected].

Related News Summaries

Agri-Pulse's Philip Brasher reported Wednesday that "the Congressional Budget Office is sticking with a cost estimate for USDA’s Commodity Credit Corporation spending authority that is far lower than congressional Republicans…

E&E News' Marc Heller reported earlier this week that "House appropriators Tuesday approved their annual agriculture spending bill for fiscal 2025 that would cut programs related to climate change and…

Participation in the Supplemental Nutrition Assistance Program (SNAP) increased 2.3% in 2023 to an average of 42.1 million people each month, while total federal spending on the program decreased 5.6%…

Interim Budget 2024: What's New?

Contributor.

Introduction

On February 1, 2024, the finance minister presented the Interim Budget. The annual budget will be presented following the Lok Sabha election. The Interim Budget:

• Emphasises the importance of inclusive growth and prosperity with the vision of 'Viksit Bharat by 2047'.
• Recognises the significance of the transition towards a sustainable and green future in light of India's commitment to 'net-zero' emissions by 2070.
• Sets out the implementation status of the existing Government policies.

This Article examines the Interim Budget for India's Energy, Infrastructure and Technology landscape.

Energy And Environment

2024 – Announcements

• The focus shall be on ensuring energy security and growth through efficient use of resources while making them available, accessible, and affordable.
• Setting up coal gasification and liquefaction capacities of 100 MT by 2030.
• Phased mandatory blending of compressed biogas in Compressed Natural Gas (CNG) for transport and Piped Natural Gas (PNG) for domestic purposes.
• Financial assistance for procurement of biomass aggregation machinery to support collection.
• The electric vehicle ecosystem will be strengthened by extending support for charging and manufacturing infrastructure while promoting the adoption of e-buses.
• One crore households will be able to obtain up to 300 accessible units of free electricity per month through the solarisation of rooftops.
• To harness the offshore wind energy potential, viability gap funding shall be provided for an initial capacity of 1 gigawatt.
• To promote green growth, a new scheme relating to bio-foundry and bio-manufacturing will be launched to provide environmentally friendly alternatives like bio-agri inputs.

2023 – Implementation Status

• Green Hydrogen Mission – The Ministry of New and Renewable Energy launched the National Green Hydrogen Mission with an INR 19,700 crore budget to reduce fossil fuel dependency. The goal is 5 MMT of annual production by 2030. The Strategic Interventions for Green Hydrogen Transition Program was launched on June 28, 2023, with Green Hydrogen Standard at 2 kg CO2 eq./kg H2. Guidelines for R&D, testing, skilling schemes, and Pilot Projects are yet to be finalised.
• Energy Transition – In 2023, the Ministry of Petroleum and Natural Gas allocated INR 35,000 crore for energy transition and net zero objectives, with ₹30,000 crore designated for capital support to oil marketing companies for green energy initiatives.
• Energy Storage – In 2023, the Ministry of Power introduced measures to support Battery Energy Storage Systems (BESS) with a capacity of 4,000 MWH through Viability Gap Funding, and guidelines were issued for a detailed framework for promoting pumped storage projects nationwide.
• Renewable Energy Evacuation – Inter-state transmission system project aimed at evacuating and integrating 13 GW of renewable energy from Ladakh. The Power Grid Corporation of India is tasked with implementing the project and conducting a front-end engineering and design study.
• Green Credit Programme – The Ministry of Environment, Forest and Climate Change launched the Green Credit Programme under the Environment Protection Act, 1986 to promote positive environmental actions. The Green Credit Rules, 2023, were notified, covering sectors like tree plantation, water management, and sustainable agriculture, among other things.
• The Mangrove Initiative for Shoreline Habitats & Tangible Incomes was introduced to plant mangroves along coastlines and saltpan lands to promote environmental sustainability, prevent natural disasters, and support local livelihoods.
• The Amrit Dharohar Implementation strategy was introduced to optimise wetland usage and focussed on ecotourism, biodiversity, carbon storage and revenue generation for local communities.
• The aim has been to parallelly ease fuel prices on a year-on-year basis by reducing the imports of crude oil and petroleum products from 28.9 per cent in April-December 2022 to 25.5 per cent in April-December 2023.
• Sovereign Green Bonds worth INR 16,000 crores were issued for the Financial Year 2022-23 to increase this amount to INR 20,000 crore as per the budget estimates for 2023-24.

Infrastructure

• Energy, mineral, and cement corridor
• Port connectivity corridor
• High-traffic density corridor
• To accelerate the growth in the agriculture sector, private and public investment in post-harvest activities is to be promoted, including facilities for aggregating and storing, emphasising the processing and supply chains.
• The Pradhan Mantri Formalization of Micro Food Processing Enterprises Scheme shall be expanded further by allocating INR 880 crore.
• Capital Expenditure allocation for the Bharat Net Project aimed at connecting all Gram Panchayats by creating telecom infrastructure to be increased from INR 5,000 crore to INR 8,500 crore.
• With a vision of boosting air connectivity in Tier-II and Tier-III cities, the Government aims to continue expanding the current 149 airports.
• With a focus on transit-oriented development, large cities shall be supported by further expanding Metro Rail and NaMo Bharat.
• The focus will be on improving port connectivity on islands.
• Sustainable Cities of Tomorrow – In 2023, states were encouraged to implement efficient urban planning reforms. The Department of Expenditure issued supplementary guidelines for the Capital Investment Scheme 2023–24 (Urban Planning Reforms).
• Digital Public Infrastructure for Agriculture – The architecture for three core registries has been finalised, including a Farmers' Registry application launched on a pilot basis. Geo-referencing is now completed for 75% of villages, and a pilot Digital Crop Survey has been initiated in 12 states.
• In 2023, the Department of Agriculture and Farmers Welfare announced the establishment of an Agriculture Accelerator Fund to support Agri-start-ups led by young entrepreneurs in rural areas by developing institutional mechanisms and operational guidelines for the fund.
• The Infrastructure Finance Secretariat was established by the Department of Economic Affairs to actively promote initiatives to attract long-term capital from domestic and foreign sources, fostering Public-Private Partnerships, and encourage diverse financial instruments such as Credit Enhancement, new credit rating systems, Infrastructure Debt Funds (IDFs), and Real Estate Investment Trusts (REITs)/Infrastructure Investment Trusts (InvITs) in sectors like railways, roads, urban infrastructure, and power.
• The Department of Financial Services initiated the Urban Infrastructure Development Fund (managed by the National Housing Bank) to address lending shortfalls for urban projects in Tier 2 and Tier 3 cities.
• The PM GatiShakti National Master Plan is a digital platform that brings together 16 Ministries (including Roadways and Railways) to integrate planning and implement infrastructure connectivity in a coordinated manner and, consequently, optimise costs.
• Allocation and channelisation of resources towards capital spending for sustaining the momentum of infrastructure development.
• Strengthening fiscal federalism by enhancing public infrastructure by supporting state efforts in capital spending.
• Embracing the principles of PM GatiShakti by focussing on integrated and coordinated planning in infrastructure projects.
• Prioritise the flow of expenditure towards crucial development sectors, such as health, education, housing, sanitation, green energy, agriculture, etc., for the welfare of citizens.
• For all agro-climactic regions, expansion of Nano DAP liquid fertilisers shall be undertaken.
• A strategy for achieving self-sufficiency in oil seeds is to be formulated, which includes adopting modern farming techniques, crop insurance, and research on HYV seeds.
• Technology upgradation and restructuring of BSNL shall occur by increasing the capital infusion by 28%.
• To promote self-reliance in the defence sector, a new scheme shall strengthen deep-tech technologies for defence purposes.
• A corpus for INR one lakh crore is to be announced to promote research and innovation in the private sector by providing long-duration loans and low (or nil) interest.
• The funds allocated towards the Modified Programme for Development of Semiconductors and Display Manufacturing Ecosystem in India shall be increased to INR 6,903 crore.
• The funds allocated towards the Production Linked Incentive scheme for large-scale electronics manufacturing and IT hardware shall be increased to INR 6,200 crore.
• Under the Income Tax Act, to make certain proceedings electronic, the Central Board for Direct Taxation had to issue directions before March 31, 2024, regarding arm's length price, dispute resolution, and procedures and appeals before the Appellate Tribunal. The date for issuing directions in this regard has been extended from 31 March 2024 to 31 March 2025.

2023 – Implementation

In 2023, the Department of Higher Education announced the establishment of three Centres of Excellence in Health, Agriculture, and Sustainable Cities for advancing Artificial Intelligence in India. Funds were also allocated towards the Central Project Management Unit, Phase-I proposals, and evaluations.

• In 2023, the Ministry of Electronics and Information Technology announced the formulation of a National Data Governance Policy to facilitate innovation and research by start-ups and academia, with the National Data Governance Policy currently under finalisation.
• There has been an expansion in the types of documents available in DigiLocker, such as the Employees Provident Fund Organisation (EPFO) passbook and MNREGA card, contributing to the financial empowerment of all sections of society. Ongoing efforts within DigiLocker continue to focus on enabling the Fintech ecosystem.
• The Department of Pharmaceuticals introduced the Promotion of Research and Innovation in Pharma-Med Tech, aimed at promoting pharmaceutical research and innovation through centres of excellence.
• Extension of time-limit from 31 March 2024 to 31 March 2025 for incorporation of eligible start-ups for claiming profit-linked tax deduction under Section 80-IAC reflecting the aim to incentivise start-ups through increased cash flows and ease of doing business to enable their development and growth.
• FRBM Statement – SNA SPARSH – An initiative to achieve a 'just-in-time' flow of funds between state and centre consolidate funds with the help of an integrated network of State IFMIS, e-kuber of RBI, ensuring effective cash management. A pilot rollout in a phased manner by onboarding five states (Rajasthan, Odisha, Karnataka, Telangana and Jharkhand) has been notified along with two schemes.

The Government aims to foster growth through a consensus-based approach. This growth is intended to be achieved through policy changes that are inclusive and sustainable. Programmes and schemes are expected to raise awareness and involvement at the community level, which is an essential building block for 'Viksit Bharat by 2047'.

The Budget focuses on a sustainable and green future in light of India's commitment to 'net-zero' emissions by 2070. India is a coal-based economy, as it does not generate sufficient energy through oil and gas, which are sources that provide greater flexibility to deal with the intermittencies associated with renewable energy. Therefore, India shall continue to rely upon coal gasification and liquefaction as potential solutions towards achieving net-zero emissions. The transition to a sustainable and green future shall be within the context of the national circumstances without compromising the growth and energy requirements. The foregoing reflects India's plans to set up coal gasification and liquefaction capacities of 100 MT by 2030.

India's policies towards realising 'Viksit Bharat by 2047' may be evaluated against the implementation of transformative actions such as enhanced finance (Infrastructure Finance Secretariat), diffusion of low-carbon industrial decarbonisation (Energy Transition) and community-level partnerships (Amrit Dharohar Implementation Strategy).

The Budget reflects India's commitment to tackling climate change and supporting sustainable development. The relationship between technology, infrastructure and energy is multidimensional and a balanced and sustainable approach is required for a green and sustainable future. The promotion of electric vehicle infrastructure in this Budget exemplifies the nexus of energy with technology and infrastructure. Enhancement of the synergies (latent and patent) between these three would ensure effective decision-making towards a sustainable and clean future. The Sustainable Development Goals adopted by the United Nations recognise that action in one area affects the outcomes in others while highlighting that the balance of social, economic and environmental sustainability shall be considered while striving for development.

The Interim Budget does reflect that India continues to stay on course with its commitment to achieving a green and sustainable future – the determining factor is the pace at which transformative steps may be affected, which include access to international finance, technology transfer and community level awareness and participation.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Energy and Natural Resources

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.