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Ranjan Kaul

Managing Director, Oxford University Press India

Managing Director, Oxford University Press India

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Budget Should Focus On Education, Allocate More Funds

Overall education outlay as a percentage of GDP needs to go up dramatically. The outlay has been less than 4% for many years which is less than the average of the countries in the developing world. In a growing economy such as ours, the education outlay should ideally be in double digits. But a budget allocation is not a solution by itself; an effective budget needs to look into ways to improve the spread and quality of education and its delivery.
25/02/2015 3:43 PM IST
triloks via Getty Images

Budget Should Focus On Education, Allocate More Funds

Overall education outlay as a percentage of GDP needs to go up dramatically. The outlay has been less than 4% for many years which is less than the average of the countries in the developing world. In a growing economy such as ours, the education outlay should ideally be in double digits. But a budget allocation is not a solution by itself; an effective budget needs to look into ways to improve the spread and quality of education and its delivery.
25/02/2015 3:42 PM IST