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What's in There for Students/ Education in Budget 2023?

The Union Budget will be released on February 1, 2023. In the 2022-23 Budget, Rs 40828.35 crore were kept for higher education, which is expected to grow further this year. Tap to find what’s in there for education sector in Budget 2023.
Post-pandemic the education sector is expected to receive much-awaited reshaping through Budget 2023. Equitable access to learning opportunities is expected to foster.
Budget 2023 & Education Sector
National Education Policy, 2020 (NEP) and the Education Commission have recommended increased public investment on education to pave a path of unprecedented growth for young India.
Increased Public Investment in Education
As per reports, the Edtech companies might expect a favorable tax regime that will help them invest more in research and development.
Tax Relaxation for Ed-tech Companies
Government might introduce news schemes by allocating funds to attract loan schemes and scholarships to encourage more enrolments for tertiary education.
Schemes to Encourage Tertiary Education
With pandemic, the significance of digital infrastructure has received acclaim from the government. Budget 2023 can help students access high-quality digital learning facilities.
Digital Infrastructural Regimes
The Union Budget will bring better opportunities for students as the government plans to increase the 50% of Gross Enrollment Rate in higher education by 2035.
Hike in GER
A significant part of the budget will be allocated for teacher training programs to strengthen early education and achieve the internationalization of education.
Budget Allocation for Training