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Budget: Government allocates Rs 196.38 billion for education sector

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KATHMANDU: The education sector is to receive Rs 1 billion more budget in the upcoming fiscal year 2023/24 as compared to the current fiscal year. Reading out the budget for the upcoming fiscal year, Minister for Finance Prakash Sharan Mahat announced that the government has allocated Rs 197.29 billion for the Ministry of Education, Science and Technology for the fiscal year 2023/24. In the current fiscal year, the budget for education sector is Rs 196.38 billion. Through the budget, the government has announced to integrate education with life-skills and make it modern, technical and research-based while early childhood development programmes will be further managed and student retention will be run as a campaign. Likewise, the skills learned at home and abroad will be tested and certified and the new medical college will be established in Lumbini and Sudurpaschim provinces, Minister Mahat read out in the budget speech. Furthermore, sanitary pads will be distributed for free to one million girls and the day meal for the students will be continued. Similarly, junk food will be prohibited and local produces will be promoted in the daily meal for the students. A total of Rs 8.45 billion has been allocated for this programme. Finance Minister Mahat said Rs 3.02 billion has been allocated for the distribution of school textbooks prior to the beginning of the fiscal year. As announced in the budget, Federal Education Act will be brought and the Tribhuvan University will be developed as a research centre. Likewise, University Grants Commission will be restructured. The basic-level teachers will be adjusted in the vacant posts of the upper level and the local levels will be encouraged to appoint headmaster on the basis of free competition. The needed budget has been allocated for running Madan Bhandari Technical University and Bidushi Yogmaya University. Moreover, Finance Minister Mahat said that Gurukul, Madrasa, Gumba education will be mainstreamed and the curriculum of the brail script and sign language will be formulated. The finance minister announced that graduates of all subjects can now sit for teaching licence and legal grounds will be prepared accordingly. READ ALSO: