EducationWorld

Budget 2024-25: Proposes new medical colleges, emphasizes upskilling and youth employment

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Soon, a committee will be constituted to look into the establishment of new medical colleges in the country according to finance minister Nirmala Sitharam.

Sitharam presented the interim 2024-25 budget on February 1.  She said that with several youth being ambitious to become qualified doctors and serve people though improved healthcare services, there is a proposal to set up more medical colleges.

“Our government plans to set up more medical colleges by utilizing the existing hospital infrastructure under various departments. A committee for this purpose will be set up to examine the issues and make relevant recommendations,” she said.

This budget is expected to set a tone for the upcoming elections and Sitharaman said “We expect that our government, based on its stupendous work, will be blessed again by the people with a resounding mandate.”

This year’s focus in the sector of education and youth empowerment remained on creating jobs across sectors and upskilling and reskilling youth, in alignment with the National Education Policy 2020.

Stating that NEP 202 is ushering in transformational reforms, Sitaraman said that PM SHRI schools are continuing to deliver quality teaching and nurturing well-rounded individuals.  

Sitharaman said prime minister Narendra Modi firmly believes that focus on must be on four castes- the women, youth, poor and farmers.

Under the PM Mudra Yojana loans amounting to Rs 43 crore have been sanctioned aggregating to Rs 22.5 lakh crore for youth’s entrepreneurial aspirations. “Besides that, Fund of Funds, Start Up India, and Start Up Credit Guarantee schemes are assisting our youth. They

are also becoming ‘rozgardata’,” the financial minister said.  

WOMEN IN EDUCATION

EMPLOYMENT FOR YOUTH

TECHNOLOGY BOOST

CHILDCARE AND HEALTH

Also read:

Union Budget 2024-25: Expectations from the education sector

 

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