BUDGET 2017: Focus on Education

Education is a focal area of this year's budget presented by Union Minister for Finance Arun Jaitley. The following are the major initiatives proposed in the Budget 2017:

National Testing agency to conduct all examinations in higher education, freeing CBSE and other agenciesInnovation Fund in high schools announced; revised framework coming soon for outcome-based accreditation for collegesIn higher education, we will undertake reforms in UGC, give autonomy to colleges and institutions350 online classes for students to be introduced on an experimental basis.New entrance and admission system for higher education.Sankalp skill development scheme for youth gets an allocation of Rs 4000 crore.