News


Union Budget 2021: A look at some important quotes



01 Feb 2021

Union Budget 2021 was presented by Finance Minister Nirmala Sitaraman on Monday, February 01, 2020, to begin from April 1. Here's a look at the quotes by various agencies.

The Association of Indian Schools shared their point of view over the Union Budget 2021.

The Budget 2021 initiated a significant step with the announcement of 15,000 schools to be strengthened as per the National Education Policy (NEP) 2020. This holds greater relevance considering the overall impact Covid-19 has caused on the education sector.

The education sector awaits a revival and Budget 2021 to an extent managed to address a few of the concerns. For example, the move to raise the allocation for ‘Eklavya’ Schools to Rs Rs 38 crore and Rs 40 crore for hilly areas is one such step.

Continuously trained teachers and sound curriculum which will give quality education to the children and better implementation of NEP 2020.

The role of public-private partnership will go a long way to achieve the goal of Budget 2021 and will help in digital curriculum and fast implementation of teacher training and their experience and expertise can be a great help in day to day running of these large number of schools.“While India and Japan have been allies for hundreds of years, their synergetic relationship has grown leaps and bounds in the past few years with the steps taken by the Indian and Japanese governments. India and Japan recently signed a Memorandum of Cooperation on Specified Skilled Workers (SSW) that enables skilled Indian workers to work in fourteen specified sectors in Japan, which include, amongst others, industrial machinery, manufacturing industry, electric and electronic information related industry. In furtherance of this initiative, the Hon’ble Finance Minister in her union budget 2021 speech today, announced that a collaborative training and inter-training programme between India and Japan will be set up to facilitate the transfer of Japanese vocational and industrial skills, techniques, and knowledge. Given that India has one of the youngest populations in the world, this initiative will give the Indian government the much-needed impetus to fulfill its vision of making India the skills capital of the world. This will also strengthen people-to-people contact and help in bringing foreign investments to India and deepening further ties with Japan,“ said Shardul Amarchand Mangaldas from Rudra Pandey, Partner, Shardul Amarchand Mangaldas presented his point of view.