National Education Policy 2020 Key to Transformational Reforms, Says Sitharaman in Lok Sabha

National Education Policy 2020 lauded for ushering in transformative reforms, PM schools for rising India (PM SHRI) focused on delivering quality education, says Sitharaman in Lok Sabha.

Finance Minister Nirmala Sitharaman, while delivering the Interim Budget in the Lok Sabha, underscored the importance of adequately equipping and empowering the youth for the country’s prosperity. She highlighted the transformative reforms ushered in by the National Education Policy 2020, stating that “PM Schools for Rising India (PM SHRI)” are playing a crucial role in delivering quality teaching and nurturing well-rounded individuals.

Sitharaman provided insights into the achievements of the Skill India Mission, noting that it has trained 1.4 crore youth, upscaled and rescaled 54 lakh youth, and established 3,000 new Industrial Training Institutes (ITIs). The Finance Minister emphasized the growth in higher education, with the establishment of key institutions such as 7 IITs, 16 IIITs, 7 IIMs, 15 AIIMS, and 390 universities.

Also Read: BUDGET 2023-2024 – Press release no. 3 of 6 – $2.3 billion to invest in the potential of youth


On the entrepreneurship front, Sitharaman highlighted the impact of the PM Mudra Yojana, which has sanctioned 43 crore loans, amounting to Rs 22.5 lakh crores, supporting the entrepreneurial aspirations of the youth. Additionally, she mentioned the assistance provided through fund of funds, Startup India, and startup credit guarantee schemes.

Expressing pride in the achievements of Indian youth in sports, Sitharaman mentioned the highest-ever medal tally in the Asian Games and Asian Para Games in 2023, reflecting a high level of confidence. She also acknowledged the remarkable presence of over 80 chess grandmasters in India, citing the notable performance of chess prodigy Praggnanandhaa against the reigning world champion Magnus Carlsen in 2023.


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