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The Education Ministry receives the highest ever budget of Rs112 lakh crore

February 09, 2023

Finance Minister Nirmala Sitharaman presented the Union Budget 2023-24 in parliament on February 1. According to budget records, the Ministry of Education's cetre allocation for the 2019 fiscal year is 1,12,898.97 crore.

Notably, this is the ministry's largest allocation ever.
The School Education Department's budget is 68,804.85 crore, while the Higher Education Department's budget is 44,094.62 crore.

The Education Ministry received a budget allocation of 1,04,277.72 crore for the fiscal year 2022-23. According to the updated figures, the Higher Education Department received 40828.35. According to the updated forecasts for 2022-23, the School Education Department received $5,905.278.

Stakeholders in education have contributed their perspectives, expectations, and pre-budget reactions. Here you may find all of the most recent changes.