Budget 2024: 6 Important highlights for education sector

India Image credits: X

1.

The Union Budget 2024-25 sets aside Rs 1.48 lakh crore for education, employment, and skilling initiatives across the country. Image credits: Google

2.

Annually, 1 lakh students will receive e-vouchers for loans up to Rs 10 lakh for higher education, with a 3% interest subsidy. Image credits: our own

3.

A hub-and-spoke model will upgrade 1,000 ITIs, aligning their courses with industry requirements to enhance skill relevance. Image credits: Pixabay

4.

A new internship scheme aims to provide practical experience to 1 crore youths across 500 firms, enhancing their employability. Image credits: our own

5.

Over the next five years, 20 lakh youths will receive training in emerging sectors to bridge the skill gap and increase job prospects. Image credits: our own

6.

Rs 47,619 crore has been earmarked in the budget specifically for higher education initiatives. Image credits: X-BJP

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