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Modi Govt May Cut School Education Budget By 3000 Cr Amid Cash Crunch | Morning Coffee

Modi Govt May Cut School Education Budget By 3000 Crore Amid Cash Crunch

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Modi Govt May Cut School Education Budget By 3000 Crore Amid Cash Crunch

The Narendra Modi led Bharatiya Janata Party government at the Centre is may cut the school education budget for 2019-20 by ?3000 crores on account of a funds crunch. According to a report published in The Print, the Ministry of Finance had cited lack of funds as the reason behind this proposal. A sum of ?56,536.63 crores was sanctioned to the school education department for 2019-20 financial year. The funds cut was discussed in a meeting between officials of the Ministry of Human Resource and Development and Finance Ministry two weeks ago. Soon after the report emerged on the social media platforms, Congress leader Priyanka Gandhi Vadra lashed out at the Centre over the proposal on December 9, Monday and alleged that the Modi government will use this to benefit their “rich friends”. HRD minister Ramesh Pokhriyal Nishank, along with other officials, is now trying to pursue the finance ministry to provide the complete fund.

Trends

Modi Govt May Cut School Education Budget By 3000 Cr Amid Cash Crunch | Morning Coffee

Modi Govt May Cut School Education Budget By 3000 Crore Amid Cash Crunch

Binge Daily brings you some of the top news highlights from around the world.  

Do you want the news summarised every morning? Sign up here

Modi Govt May Cut School Education Budget By 3000 Crore Amid Cash Crunch

The Narendra Modi led Bharatiya Janata Party government at the Centre is may cut the school education budget for 2019-20 by ?3000 crores on account of a funds crunch. According to a report published in The Print, the Ministry of Finance had cited lack of funds as the reason behind this proposal. A sum of ?56,536.63 crores was sanctioned to the school education department for 2019-20 financial year. The funds cut was discussed in a meeting between officials of the Ministry of Human Resource and Development and Finance Ministry two weeks ago. Soon after the report emerged on the social media platforms, Congress leader Priyanka Gandhi Vadra lashed out at the Centre over the proposal on December 9, Monday and alleged that the Modi government will use this to benefit their “rich friends”. HRD minister Ramesh Pokhriyal Nishank, along with other officials, is now trying to pursue the finance ministry to provide the complete fund.

Trends

Modi Govt May Cut School Education Budget By 3000 Cr Amid Cash Crunch | Morning Coffee

Modi Govt May Cut School Education Budget By 3000 Crore Amid Cash Crunch

Binge Daily brings you some of the top news highlights from around the world.  

Do you want the news summarised every morning? Sign up here

Modi Govt May Cut School Education Budget By 3000 Crore Amid Cash Crunch

The Narendra Modi led Bharatiya Janata Party government at the Centre is may cut the school education budget for 2019-20 by ?3000 crores on account of a funds crunch. According to a report published in The Print, the Ministry of Finance had cited lack of funds as the reason behind this proposal. A sum of ?56,536.63 crores was sanctioned to the school education department for 2019-20 financial year. The funds cut was discussed in a meeting between officials of the Ministry of Human Resource and Development and Finance Ministry two weeks ago. Soon after the report emerged on the social media platforms, Congress leader Priyanka Gandhi Vadra lashed out at the Centre over the proposal on December 9, Monday and alleged that the Modi government will use this to benefit their “rich friends”. HRD minister Ramesh Pokhriyal Nishank, along with other officials, is now trying to pursue the finance ministry to provide the complete fund.

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