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Home Economy

Youth

July 17, 2019
in Economy
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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.

 

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Tags: Prelims

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