Saturday, January 18th, 2025

NCE suggests allocation of 20% budget for education sector


27 May 2020  

Time taken to read : 2 Minute


  • A
  • A
  • A

KATHMANDU: As the federal government is going to unveil its annual budget for the new fiscal year 2020/21 tomorrow, the education related organizations have suggested the government to consider raising budget to education sector to 20 per cent from the existing 10 per cent.

Considering the adverse effects of COVID-19 pandemic on the education sector, the National Campaign for Education (NCE) conducted a virtual discussion among the education experts on how much budget education sector should be allocated in this new fiscal year.

Taking part in the discussion, former Minister for Health and Former Secretary at Ministry of Education Bidhyadhar Mallik opined that the government should consider investment of 5.5 per cent of the country’s GDP in the education sector.

He viewed that the budget should be increased for the education sector to obtain the goals of school sector reform program by 2021.

Similarly, educationist Dr Binaya Kusiyat argued that it was imperative to raise the budget for education sector.

According to him, more classrooms should be built and more teachers ought to be recruited after the COVID-19 crisis is over for which more budget would be needed.

The additional budget for the education sector could be garnered from donor agencies or by levying progressive tax or by obtaining loan, he advised.

Likewise, Joint-Secretary at the Ministry of Education, Science and Technology Krishna Kapri shared that proposal was made to the government to place a high priority to education sector after health in the upcoming budget.

He informed that Ministry of Finance was going to approve over Rs 10 million for his Ministry to provide educational materials immediately to those education institutions in need.

(RSS)

Publish Date : 27 May 2020 20:46 PM

Economic Digest: Nepal’s Weekly Business News in a Snap

KATHMANDU: Economic Digest offers a concise yet comprehensive overview of

ICC U-19 Women’s T20 World Cup begins today: Nepal to face Bangladesh in opening match

KATHMANDU:  The ICC U-19 Women’s T20 World Cup kicks off

Ashika Tamang’s bid for viral fame ends with her in police custody

KATHMANDU: Ashika Tamang, a name that has recently dominated social

US Dollar becomes costlier: Today’s foreign currency exchange rates

KATHMANDU: Nepal Rastra Bank has set the foreign exchange rates

Madhesh-centric parties unite to counter proposed electoral threshold

KATHMANDU: Tarai-Madhes-centric political parties have agreed to form a loose