In the maiden budget speech on July 5, Finance Minister Nirmala Sitharaman announced the New Education Policy (NEP).
Sitharaman under the NEP reportedly said that greater focus will be given to innovation and research. The National Research Foundation (NRF) will also be founded soon keeping in line with the same.
The research subjects of national priorities will also be identified once the NRF assimilates grants from all the ministries.
According to reports she also stated that 5 years back no Indian institution in the top 200 could ever get ranking in world-university whereas now India has 2 IITs and IISC Bangalore in the top 200.
Three times more than the revised estimated of last year i.e. Rs. 400 crore has been provided for world class institutions, the finance minister reportedly told the Parliament.
According to a statement made by the finance minister, The set-up of a National Sports Education Board will be done which wouldn’t just popularize sports at every level but also provide financial support to sportspersons.
Infact this will be accompanied by industry-intensive skill sets which will be provided to 10 million youth and even training in a foreign language will also be arranged which would enable them to pursue jobs in India as well as abroad.
A Gandhip-pedia is being developed to sensitize youth about Mahatma Gandhi’s ideas said Sitharaman reportedly.