During Union Budget 2017 on February 1st, 2017, presented by Finance Minister Arun Jaitley, he spoke to both houses of the parliament, and other leaders.

The Director of Aakash Educational Services Pvt. Ltd., Aakash Chaudhry, felt very strongly that the proposals from the government would change the educational standards significantly. With two new All India Institute of Medical Sciences (AAIMS) facilities opening in Jharkhand and Gujarat there will be many more options for students who want to pursue medicine. This will provide a large increase of medical professionals for India, says financialexpress.com.

Another proposal involved adding more post graduate seats in the medical field. Chaudhry wholeheartedly agrees with this proposal because it will benefit students who are interested in research.

He also supports the work the government has done to implement the National Testing Service (NTS), because the NTS will administer entrance examinations for higher education professionally.

Finally, Chaudhry admired the constructive flow of Union Budget 2017 and felt it would greatly enhance India’s educational system.

When Finance Minister Arun Jaitley announced Union Budget 2017 he said the educational sector will see some significant changes. Some of these include:

  • A system to ensure progress is being made over a school year, especially in the sciences
  • Freedom for agencies such as the Central Board of Secondary Education (CBSE) to pursue other activities, while higher education examinations are conducted by NTS
  • 100 skill centers opening across India that will encourage creativity and innovation
  • Greater focus on the 3479 educationally backward blocks
  • Increases in the availability of online learning through 350 courses launched by the Study Webs of Active-Learning for Young Aspiring Minds (Swayam) platform through direct-to-home (DTH) educational channels

Financial Minister Arun Jaitley looked at two major components at Union Budget 2017 and then highlighted other reforms, as noted below.

National Testing Service

To leave more room for the country’s highest boards, the NTS will give and score all entrance exams for “medical, engineering, business, and school boards”, according to jagranjosh.com. After transferring all students to the NTS, it will be responsible for 4 million students.

University Grants Commission (UGC)

Through restructuring of the UGC, educational institutions will gain an important benefit: autonomy.

Reforms

Some of the reforms put forth at Union Budget 2017 included:

  • Potential job availability in the leather, footwear, and textile sector
  • A stronger All India Council for Technical Education (AICTE) administration
  • Increased focus on vocational training
  • Implementing the SANKALP program
  • Focusing on Skill Development
  • Accrediting education institutions based on the outcomes they produce
  • Pradhan Mantri Kaushal Kendra (PMKK) training centers in many more areas

India has a wealth of talent and intelligence. Right now, their educational system is transforming to support these great minds. Improvements in all of these areas will lead to a more competent workforce and lower levels of unemployment, so India can better support its economy and produce professionals in various fields.

If you would like to hear Finance Minister Arun Jaitley’s full speech given at Union Budget 2017, you can do so using this link.