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| 'Education' gets 20 per cent of 11th plan's fund November 14, 2007 New Delhi: To further boost educational development in the country, planning commission is all set for a sharp increment in the allocation for education during its 11th five year plan (2007-2012). The new plan, which now awaits the final nod from National Development council has nearly set aside one- third of the total allocation for key sectors like health and education. Going by the panel recommendations, Primary education in the country is also set for a big boost as Panel allocate Rs 1.25Lakh crore for the upliftment of primary education. The commission has divided the education sector into elementary, adult and secondary, and higher education. While for elementary education, Rs 1.25 lakh crore is being earmarked, which is a major hike from the Rs 30,000 crore allocated in the last Plan, the share of adult and secondary education is being increased to Rs 6,000 crore and Rs 53,000 crore, respectively. Moreover, the proposed plan document also sets aside Rs. 84,000 crore for higher and technical education in the country. Speaking on the decision, Planning Commission member, Bhalchandra Mungekar, said "the increase in the budget for health and education is an attempt to achieve inclusive growth. The most important issue is our agenda for reforms in higher education system, where we have asked for major structural changes. "Major reforms are a must like introducing credit and semesters systems and exam reforms", he further suggested. To facilitate a massive expansion the state of higher education, the commission plans to set up 30 new central universities out of which 16 would be set up in regions which presently lack a central university. The rest 14 would be promoted as model universities with world class facilities. Plans in the pipeline also include setting- up of seven IITs, seven IIMs, Ten National Institute of Technology, five Indian Institute of Science, Education and Research, twenty IIITs and two schools to boost education in architecture and 330 new colleges in educationally backward districts. |