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Budget 2023: Doubling allocation for education, upskilling need of the hour, experts say

A week before the Budget session, academics, EdTech experts bat for revamping skilling ecosystem, doubling fund allocation for education sector and improving vocational education. This year, the Budget session of Parliament will commence on January 31 and end on April 6. Union finance minister Nirmala Sitharaman will be presenting the Union Budget 2023 on February 1. Requesting the government to recognise and encourage upskilling, Madhushree Sekher, Dean, School of Vocational Education, Tata Institute of Social Sciences (TISS), Mumbai said: “Vocational Education is an important area, which requires decisive effort from the government. The whole concept of vocational education will be relevant only when secondary-level education in the vocational space is linked to higher education.”

“Higher education courses like Bachelor in Vocational Education (BVoc) increases the employability as compared to regular Bachelor degrees like BCom, BSc, BA, by eliminating the pressure of placement as Industry partners directly absorb the students during skill training,” Sekher said.

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