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States allocation towards education
February 16 , 2023
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- Among the big States in the country, Chhattisgarh and Bihar allocated the most proportion of their budget towards education in FY23.
- Chhattisgarh allocated 18.82 per cent of the State’s estimated net budget expenditure to education, Bihar allocated 18.3 per cent.
- The literacy rate in Chhattisgarh is 77.9 per cent, while the rate for Bihar is 70.9 per cent, one of the lowest in the country.
- The States that have spent a higher portion of their budget expenditure on education are Delhi, Assam, and Himachal Pradesh.
- They allocated 22 per cent, 20 per cent and 19 per cent, respectively.
- At 96.2 per cent, Kerala has the highest literacy rate in the country, while it is 82.9 per cent in Tamil Nadu.
- The national average of the allocation to education in the net budget expenditure in FY23 was 15.4 per cent.
- The other States that have allocated a comparatively smaller proportion of their net expenditure to education include Andhra Pradesh (12.7 %), Karnataka (12.73 %), Uttar Pradesh (12.89 %), and Punjab (13.05 %).
- The overall observation says that Tamilnadu is planning on increasing its literacy rates further though it is already higher.
- The Central Government allocated Rs 44,094 crores on education, that is, 16.51% of the total budget.
- This is 8% higher than the previous year.
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