Budget 2020

Budget 2020 | Key announcements on jobs, internships, and education

The Finance Minister has proposed FDI in education

Union Finance Minister Nirmala Sitharaman in her Budget speech for 2020 has proposed Foreign Direct Investment (FDI) and External Commercial Borrowings (ECB) in education.

She announced that 150 higher education institutions are to start apprenticeships. Urban local bodies are to provide internship opportunities for fresh engineers for a year.

In order to provide quality education to students of deprived sections, it is proposed to start a degree level full-fledged online education programme.

Under the Study in India programme, an INDSAT exam is proposed to be held in Asian and African countries. A National Police University and National Forensic Science University are proposed.

There is a shortage of qualified medical doctors. For this, it is proposed to attach a medical college to existing district hospitals under PPP mode.

For this purpose, the education sector has been allocated ₹99,300 crore and the Skill Development sector has been allocated ₹3,000 crore.

Ms. Sitharaman also mentioned that the National Infrastructure Pipeline presents a huge employment opportunity. A National Logistics Policy is to be released soon.

A letter from the Editor


Dear reader,

We have been keeping you up-to-date with information on the developments in India and the world that have a bearing on our health and wellbeing, our lives and livelihoods, during these difficult times. To enable wide dissemination of news that is in public interest, we have increased the number of articles that can be read free, and extended free trial periods. However, we have a request for those who can afford to subscribe: please do. As we fight disinformation and misinformation, and keep apace with the happenings, we need to commit greater resources to news gathering operations. We promise to deliver quality journalism that stays away from vested interest and political propaganda.

Support Quality Journalism
Related Topics
Recommended for you
This article is closed for comments.
Please Email the Editor

Printable version | May 27, 2020 7:42:55 AM | https://www.thehindu.com/business/budget/budget-2020-key-announcements-on-jobs-internships-and-education/article30711069.ece

Next Story