The government of India is focusing on research in its new education policy. On Friday, the centre allocated total Rs 400 crore rupees for setting up world-class education institutes. The government has also announced a programme called ‘Study in India’ which will focus on attracting foreign students to come India for study.
Union Finance Minister Nirmala was presenting the first Budget of the NDA government in its second term, she said that the government is going to bring in a new national education policy to transform India’s higher education system to one of the best in the world.
She said,the policy proposes major changes in both school and higher education, improve governance and gives more focus on research and innovation, for which a National Research Foundation (NRF) would be set up to coordinate and promote research in the country.
Union Finance Minister explained “NRF will ensure that the overall research ecosystem in the country is strengthened with focus on identified thrust areas relevant to our national priorities and towards basic science without duplication of effort and expenditure”.
The funds available with all ministries will be integrated in NRF and would be adequately supplemented with additional funds.Sitharaman said to build “world-class institutions” in the field of education, Rs 400 crore has been allocated for 2019-20 fiscal, which is over three times the revised estimates for the previous year.
The finance minister also announced the ‘Study in India’ programme that will focus on attracting foreign students to the country’s higher education institutes. Draft legislation for setting up Higher Education Commission of India (HECI) would be presented in the year ahead, she said, adding, “This will help to comprehensively reform the regulatory system of higher education to promote greater autonomy and focus on better academic outcomes.”
The minister also said the Khelo India Scheme, aimed at reviving sports culture in India at the grass-root level, will be expanded to provide all necessary financial support. Also, a National Sports Education Board for Development of Sportspersons would be set up under the Khelo India Scheme to popularise sports at all levels.Sitharaman highlighted that three institutes — two IITs and IISc Bangalore — are in the top 2,000 institutions in world university rankings, which, she claimed, was not there five years back.