Industry Expectations / Recommendation - Budget 2011 - 2012
Budget Expectations on Education Sector - Dheeraj Vaidya - MD of Corporate Bridge Academy
 Though the government has now realized the importance of education and had earlier increased the plan allocation for school education by 16% in last year. We believe that the government will show continued respect and focus to the "right to free education" bill, which unfortunately had been limited to theory till date. However, this year's budget, we expect even higher growth in plan allocation for school (atleast by 20%), with main focus on providing good quality education. We believe that there should be some steps taken to oversee the implementation and execution of these society project.
In addition, the role of Private-Public Partnership model should be evaluated in greater detail as this will lead to highly talented, high quality and employable workforce in India in the long run. The government could provide the necessary funds for such projects, while, the private companies can take advantage of the efficient resource planning and execution capabilities. Even the education through E-learning may be evaluated to a larger extent. Additionally, the salaries of teachers and faculties in government schools and colleges needs to be looked at. The quality of training is directly proportional to the faculty base. Hiring and retaining good quality teachers and faculties is the backbone of any education system. Lastly, the student community may expect that the FM may provide a loan waiver for Educational Loans.
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Union Budget