There has been an overall increase of ₹12,024 Crore (19.56%) in the Budget Allocation of Department of School Education and Literacy in the FY 2024-25 from RE 2023-24.
Finance Minister Nirmala Sitharaman will present the Union Budget 2024 in Parliament today. This will be the interim budget as it comes ahead of the Lok Sabha Elections.
Commenting on the allocation, Himanshu Chaturvedi, Chief Strategy and Growth Officer at Tata Projects said, “The capital spends during fiscal 2023-24 are broad based and not just focussed on the traditional highways and railways sectors. The surge in infrastructure investment is part of a long-term strategy to promote Indian economic growth.”