National News  Back                        Govt to spend around 20% on 
education in 11th plan
         Dec 17
  The government has decided to spend around 20 per cent of the total 11th five 
year plan budget on education. This will be more than double the money spent on 
this sector during the 10th plan which was around 9 per cent. Delivering a key 
note address at a National Conference on development of technical education in 
India in the capital, Member Planning Commission Prof. B. L. Mungekar said that 
the existing educational institutions must restructure themselves to absorb 
this volume of funds. He said the national development council will aprrove the 
11th plan on Wednesday. Making a strong pitch for inclusive education by taking 
care of the needs of the marginalised sections of the soceity, Prof. Mungekar 
said expansion of education must be egalitarian in nature. The government has 
flagged off certain areas for the additional expenditure on education. These 
are increasing the intake of technical education from 5.7 lakh to 10 lakh, over 
one lakh faculty, 73,000 Phds and 58,000
 Master degress during the 11th plan. He said over 1200 new technical 
institutions will be established to address the regional and funding imbalances 
in higher and technical education. He said a recent international study pointed 
out that 70 per cent of engineering graduates in India are not employable and 
therefore the authorities must make the ecducation relevant to the changing 
times. Reading the inaguural speech of the Union Minister for Human Resource 
Development, Mr. Arjun Singh, Prof. Mungekar said that If India is to become a 
super power the abundant human resources must be tapped properly. The Minister 
also emphasised that access and equity should be accorded high priority in 
expansion of education in the country.
In his address the Secretary, HRD Mr. R. K. Aggarwal said that for the end of 
the 11th plan government will be spending 5 to 6 per cent of GDP on education. 

  http://www.newsonair.com/news.asp?cat=National&id=NN308



       
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