The Indian Budget this month signalled continued commitment to free (free-er) market economy and was interesting in terms of education, skill development and related sectors.
The New Education Policy (NEP) is at the centre of reforms, set to bring major changes in school and higher education.
Research is being given a big thrust with the National Research Foundation. Also, approx. US$60 million has been allocated to world-class institutions, signalling the continued thrust on excellence in higher education.
PM Modi is personally committed to having high ranking universities in India and some future deregulation is expected to allow greater global involvement – but nothing on this in the budget.
The finance minister also highlighted the ambitious Study in India programme, which has the potential to make India the hub of learning (again).
The National Sports Education Board is a much-needed initiative to promote sports amongst children who want to pursue that as a career.
We do hope the much-awaited Higher Education Commission of India (HECI) takes shape this financial year – still waiting on that one.