Interim Budget 2024-25: School education gets record allocation of over Rs 73,000 crore
The budget for PM SHRI, a Ministry of Education (MoE) scheme which seeks to upgrade existing government schools to model schools, has risen from Rs 2,800 crore in 2023-24 (RE) to Rs 6,050 crore in 2024-25 — an increase of Rs 3,250 crore.
“The government is committed to empowering Amrit Peedhi, the Yuva. Our prosperity depends on fully equipping and empowering the youth. The National Education Policy 2020 is ushering in transformational reforms. PM Schools for Rising India (PM SHRI) are delivering quality teaching, and nurturing holistic and well-rounded individuals,” Union Finance Minister Nirmala Sitharaman said while presenting the interim Budget in the Lok Sabha.
Budget Highlights 2024: FM’s top talking points
The outlay for all important schemes, such as the Samagra Shiksha Abhiyan, Kendriya Vidyalayas and Navodaya Vidyalayas has seen an increase this year.