Education, Careers & Professional News
Schooling have a good chunk in Latest Indian Budget 2007-08
Services like schooling, housing and nutrition have the largest claim (Rs 83,950.69 crore) on total plan allocation in India’s latest budget. Together with energy and transport, the social sector accounts for nearly 75% of the total allocation of Rs 319,992 crore
A 35% increase on education spending and a 22% hike in allocations for public health and family welfare are highlights of India’s Union Budget 2007-2008. Presented by the country’s Finance Minister P Chidambaram to Parliament on February 28, Budget 2007-08 also has new schemes for disadvantaged sections of the population like the physically challenged, the elderly and landless rural families.
Maintaining high priority for eight flagship programmes of the UPA government – including the National Rural Employment Guarantee Scheme, Bharat Nirman, and the National Rural Health Mission – the finance minister’s fourth budget pegs gross budgetary support for the coming fiscal at Rs 205,100 crore, of which the central plan will be Rs 154,939 crore.
More : southasia.oneworld.net