India Investment Blog

In the interim budget announced today, government proposed to raise expenditure on Education sector by 9% (vs Revised Estimates for 2013-14) . Total Budgeted Expenditure on Education is Rs 81,441 Cr . This includes plan and non-plan expenditure. The breakup and comparison of expenditure is given below.

What is noteworthy is that for next year, the BE is only 9% higher than RE for current year, and is lagging overall proposed expenditure growth (at 11%) for the government. BE for 2013-14 was 18% higher than Actuals for 2012-13.

MHRD
Rs Cr	2012-2013	2013-2014	2013-2014	2014-2015
Plan - Expenditure	Actuals	BE	RE	BE
Department of School Education	42822	49659	47159	51198
Department of Higher Education	12711	16210	14703	16200
Total	55533	65869	61862	67398
Non-Plan Expenditure
Department of School Education	2810	3042	2977	3287
Department of Higher Education	7720	10552	9787	10756
Total	10530	13594	12764	14043
Total Expenditure
Department of School Education	45632	52701	50136	54485
Department of Higher Education	20431	26762	24490	26956
Total	66063	79463	74626	81441

 

• Overall outlay increased to Rs 4,537 billion 
• The outlay is up 66% over original outlay of Rs 2,733 billion made in the 11th Plan 
• As per estimates by Planning Commission, public expenditure (centre + states) on Education during the Eleventh Plan was Rs 12,447 billion. 
• Of this 43% was on Elementary Education, 25% on secondary education and balance 32% on Higher Education
• Per Capital Expenditure increased to Rs 2958 in 2011-12 (vs Rs 888 in 2004-05)