Education Ministry Allocation Rises to ₹1.39 Lakh Crore; Five New University Townships Announced
The Union Budget 2026-27 has increased the allocation for the Education Ministry by 14.21% to approximately ₹1.39 lakh crore. Key highlights include the establishment of five university townships near major industrial and logistics corridors and the provision of a girls' hostel in every district to encourage female participation in STEM education. The budget also focuses on skilling, with a 62% increase in the Skill Development Ministry's budget. A high-powered 'Education to Employment and Enterprise' Standing Committee will be formed to align the services sector with the goals of 'Viksit Bharat.'
Key Points
- Education budget increased by 14.21% to ₹1.39 lakh crore for the next fiscal year.
- Five university townships will be established near industrial corridors to link education with industry.
- Girls' hostels will be built in every district to promote STEM education among female students.
- A new Standing Committee will bridge the gap between education, employment, and entrepreneurship.
Exam Facts
- Total allocation: ₹1.39 lakh crore.
- Increase percentage: 14.21%.
- Number of university townships: 5.
- Skill Development budget increase: 62%.
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