Education Budget 2024: '7 IITs, 7 IIMs, 15 AIIMS and 390 Universities set up by the government'

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[{"selector":"#anim-f7a9ab03-f95b-44cf-8d2f-5db55de83118","keyframes":{"opacity":[0,1]},"delay":250,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The Union Finance Minister Nirmala Sitharaman presented the Interim Budget for financial year 2024-25. In her speech, the financial Minister said, "A large number of institutional higher learning, namely 7 IITs, 16 IIITs, 7 IIMs, 15 AIIMS and 390 Universities have been set up".

The Finance Minister also mentioned in her speech that the New Education Policy 2020 is bringing in transformational changes. Take a look at other key points made on education by the Finance Minister in her speech.

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"The Skill India Mission has trained 1.4 crore youth, upskilled and re-skilled 54 lakh youth, and established 3000 new ITIs", the Finance Minister said.

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"Our government plans to set up more medical colleges by utilizing the existing hospital infrastructure," Sitharaman announced.

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The Finance Minister claimed that 43 percent of students enrolled in STEM are women.

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The female enrollment in higher education has increased by 28 per cent in 10 years in STEM courses, the Finance Minister stated.

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This increase in enrollment percentage of women in STEM courses is being reflected by their increased participation in the workforce.

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The PM Shri Schools, initially mentioned in the budget speech of 2022 without any allocated funds, have received Rs 4,000 crore for the current year.

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Approximately 14,500 schools are expected to be upgraded under the PM Schools for Rising India (PM Shri) initiative, incorporating elements of the National Education Policy 2020.

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