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Economic survey 2020 points out high drop-out rates in schools

The Economic Survey 2019-2020 has pointed out high drop out rates at various levels of schooling and lack of affordability in higher education as areas of concern.

Edited by: India TV News Desk New Delhi Published : Jan 31, 2020 15:09 IST, Updated : Jan 31, 2020 15:09 IST
Economic Survey, Budget 2020

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The Economic Survey, released on Friday, pointed out high drop out rates at various levels of schooling and lack of affordability in higher education as areas of concern. The Survey emphasised that Samagra Shiksha 2018-19, was launched to envisage school education as a continuation from pre-school to senior secondary level to provide access to education to all.

Accordingly, the government has initiated the process of formulating a new Education Policy with a focus on quality education, innovation and research.

According to the pre-budget survey tabled in Parliament by Union Finance Minister Nirmala Sitharaman, the Government's interventions in the education sector are targeting the Sustainable Development Goal (SDG)-4 of inclusive and equitable quality education for all by 2030.

Expansion of Navodaya Vidyalaya Scheme, Pradhan Mantri Innovative Learning Program, Digital Infrastructure for Knowledge Sharing (DIKSHA) platform and e-content sites like e-pathshala, are some of the other government initiatives in this direction.

The Survey also outlines initiatives taken for improving the quality learning and teaching in higher and technical education. Establishment of Higher Education Financing Agency (HEFA), schemes like National Educational Alliance for Technology (NEAT), Education Quality Upgradation and Inclusion Programme (EQUIP), PARAMARSH and mega online degree programme SWAYAM 2.0 are among others.

The Economic Survey is a crucial document scripted by the Chief Economic Advisor and approved by the union finance minister. The survey gives a sneak peek into the Union Budget that will be presented in Parliament on Saturday.

The Survey provides a bird's eye view on the performance of various sectors in the financial year and indicates possible policy changes in the year ahead.

GDP growth expected to strongly rebound to 6-6.5% in 20-21: Economic Survey

India's economic growth is expected to "strongly rebound" to 6-6.5 per cent in 2020-21 from 5 per cent estimated in the current fiscal, the Economic Survey said on Friday, adding that the government with a strong mandate has the capacity to expedite reforms.

The Economic Survey 2019-20 tabled in Parliament said there are tentative signs of bottoming out of slowdown in manufacturing activity and global trade, which will have a positive impact on growth in the next fiscal.

(With inputs from PTI, IANS)

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