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The Union Budget of India 2020-21 allocated an amount of ______ crore for the education sector.
1. Rs. 99,300
2. Rs. 83,600
3. Rs. 95,800 
4. Rs. 78,700

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Correct Answer - Option 1 : Rs. 99,300

The correct answer is 99,300.

  • Rs.99,300 crores have been allocated for the education sector in 2020-21, Rs.3000 crores for Skill Development
  • There has been an overall increase of Rs. 3308.37 cr (5.85%) in the Budget Allocation of Department of School Education & Literacy.
  • While the total budget was around Rs 30,42,230 crore, which is 12.7% higher than the revised estimate of 2019-20.

  • The Union Cabinet in July 2020 approved the New Education Policy (NEP).
  • This committee was headed by K Kasturirangan, who is former ISRO chief.  
  • At present, Education minister is Ramesh Pokhriyal.

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