Source: Press Information Bureau (Budget 2019)
- New National Education Policy to be brought which proposes
- Major changes in both school and higher education
- Better Governance systems
- Greater focus on research and innovation.
- National Research Foundation (NRF) proposed
- To fund, coordinate and promote research in the country.
- To assimilate independent research grants given by various Ministries.
- To strengthen overall research eco-system in the country
- This would be adequately supplemented with additional funds.
- Rs. 400 crore provided for “World Class Institutions”, for FY 2019-20, more than three times the revised estimates for the previous year.
- ‘Study in India’ proposed to bring foreign students to study in Indian higher educational institutions
- Regulatory systems of higher education to be reformed comprehensively:
- To promote greater autonomy.
- To focus on better academic outcomes.
- Draft legislation to set up the Higher Education Commission of India (HECI), to be presented.
- Khelo India Scheme to be expanded with all necessary financial support.
- National Sports Education Board for development of sportspersons to be set up under Khelo India, to popularize sports at all levels
- To prepare youth for overseas jobs, focus to be increased on globally valued skill-sets including language training, AI, IoT, Big Data, 3D Printing, Virtual Reality, and Robotics.
- Set of four labour codes proposed, to streamline multiple labour laws to standardize and streamline registration and filing of returns.
- A television program proposed exclusively for and by start-ups, within the DD bouquet of channels.
- Stand-Up India Scheme to be continued for the period of 2020-25. The Banks to provide financial assistance for demand-based businesses.
